Product reviews

The New Investment Frontier

Exchange traded funds have been called the next generation of mutual funds. Some advocates even believe ETFs will overtake mutual funds as surely as CDs made LPs obsolete. In 2000 there were 30 ETFs trading on North American stock exchanges with assets of $36.5 billion. Today there are more than 100 ETFs being traded with assets of more than $75 billion. Analysts predict that within the next five years the number of ETFs will skyrocket, holding assets in excess of $1 trillion.