Exchange traded funds have been called the next generation of mutual funds. Essentially, ETFs are low cost, tax-efficient index funds that trade on a stock exchange. In 1999, there were 33 ETFs trading on North American stock exchanges with assets of US$39.6 billion. Five years later, despite going through the worst equity bear market in 70 years, ETFs number over 300 and assets have soared in excess of US$300 billion globally. Canada was home to the first successful ETF in the world. Now the largest Canadian ETF, the i60 ...
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Exchange traded funds have been called the next generation of mutual funds. Essentially, ETFs are low cost, tax-efficient index funds that trade on a stock exchange. In 1999, there were 33 ETFs trading on North American stock exchanges with assets of US$39.6 billion. Five years later, despite going through the worst equity bear market in 70 years, ETFs number over 300 and assets have soared in excess of US$300 billion globally. Canada was home to the first successful ETF in the world. Now the largest Canadian ETF, the i60 Fund, is one of the most heavily traded TSX issues.
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Add this copy of New Investment Frontier 3: a Guide to Exchange Traded to cart. $46.63, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2000 by Insomniac Pr.
