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Neither ETF Nor Mutual Fund, Behold the Exchange-Traded Managed Fund

TedTed
in The Bullpen
FYI: With a few rare exceptions, the mutual fund industry has not participated or benefited from the trillion-dollar rise in ETF investing. But that could soon change. A new type of exchange-traded product that’s been dubbed the “ETMF,” or exchange-traded managed fund, has been introduced.
Regards,
Ted
http://www.thinkadvisor.com/2016/03/04/neither-etf-nor-mutual-fund-behold-the-exchange-tr?t=mutual-funds&page_all=1
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