It just goes to prove you shouldn't judge anything by price alone.
A report from Morningstar says ETFs, wildly popular because of their perceived low cost over mutual funds — even index funds — might not be as cheap as they appear.
While index funds have attracted considerably more assets than their active cousins, ETFs have made inroads into that index fund flow. According to the report, "ETFs accounted for about half of index fund assets at the end of 2013, up from 5 percent 15 years earlier."
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
