Exchange traded funds, or ETFs, are one of the fastest growing products in the investment industry. Used by both professional and individual investors, ETFs are rapidly taking market share from traditional open-end mutual funds. At Pathlight, we introduced our all-ETF Global Macro portfolio in July 2008. Gaining confidence and experience using ETFs, we are using them on occasion in the Quality Growth portfolio as an effective way to invest in a specific sector or geographic region. Due to the growing use and popularity of ETFs, we are providing the following education on the structure, dynamics, use, benefits, and risks of exchange traded funds.
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Exchange traded funds, or ETFs, are one of the fastest growing products in the investment industry. Used by both professional and individual investors, ETFs are rapidly taking market share from traditional open-end mutual funds. At Pathlight, we introduced our all-ETF Global Macro portfolio in July 2008. Gaining confidence and experience using ETFs, we are using them on occasion in the Quality Growth portfolio as an effective way to invest in a specific sector or geographic region. Due to the growing use and popularity of ETFs, we are providing the following education on the structure, dynamics, use, benefits, and risks of exchange traded funds.