The Era of Mutual Funds Is Dying. Long Live ETFs.

It wasn’t straightforward. ETFs have been round for practically three a long time, and hardly anybody seen for a very long time. The primary ETF, State Avenue’s SPDR S&P 500 ETF Belief, debuted in 1993. By the mid-2000s, there have been roughly 350 ETFs, however the business had gathered simply $320 billion from traders from 1996 to 2006, based on Morningstar’s earliest out there numbers. In the meantime, mutual funds scooped up near $2.3 trillion throughout the identical time, their ranks swelling to six,500 funds on the finish of 2006. | The Period of Mutual Funds Is Dying. Lengthy Reside ETFs.


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