The first major exchange-traded fund, the SPDR S&P 500 Fund (ticker: SPY), was launched in 1993. Today it has $95.4 billion in net assets, making it the single largest of the 1,377 U.S. ETFs tracked by Morningstar. The fund alone is almost 10 percent of the total ETF market. Exchange-traded funds are entering maturity and fund companies are considering new concepts to get investors excited again.
Full article by Ann C. Logue here: http://bit.ly/Hyti0C
Timely material as the BetterInvesting Volunteer Educators present the 5th Part in the Mutual Funds for Everyone series starting at 9:00pm ET Wednesday, April 11th. Register to attend webinar for free here: http://bit.ly/wTA5Ot
Ann C. Logue is the author of four books on investing in Wiley’s…For Dummies series, including Emerging Markets for Dummies (Wiley 2011).