There are mounting signs of a backlash against exchange-traded funds, Ben Steverman writes for BusinessWeek. The reason, he says, is that "the ETF craze has led to a whole industry whose entire goal is apparently to just think up new ETFs. With ETFs chasing the latest hot investment idea, you end up with a fad (the ETF concept) chasing more fads."
read more at http://www.businessweek.com/investing/insights/blog/archives/2008/08/signs_of_an_etf.html
No comments:
Post a Comment