The Frenzy of New ETFs
John F. Wasik of Bloomberg.com explores the ongoing explosion of new, niche ETF products -- how they are marketed to individuals and the large risks they often carry.
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
John F. Wasik of Bloomberg.com explores the ongoing explosion of new, niche ETF products -- how they are marketed to individuals and the large risks they often carry.
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