FYI: Five ETFs dominate the absolute-return category. Do they deliver what they promise?
“True faith,” said William Ralph Inge, the one-time dean of London’s St. Paul’s Cathedral, “is belief in the reality of absolute values.” Apparently, American exchange-traded fund (ETF) investors can be counted among the faithful. Why? Because they’ve committed nearly $1.7 billion into so-called “absolute return” products.
Regards,
Ted
http://wealthmanagement.com/print/etfs/can-we-count-absolute-returns