FYI: (Click On Article Title At Top Of Google Search)
Customized exchange-traded notes and funds created at the behest of wealth managers and other financial firms have grown in popularity in recent years, attracting individual investors who can find themselves unaware of the risks that can crop up.
Some of those risks came to the fore last month when Fisher Asset Management pulled around 90%, or more than $300 million, from a customized Deutsche Bank exchange-traded note, leaving remaining investors in a note just a sliver of its former size.
Regards,
Ted
https://www.google.com/#q=What+Investors+Should+Know+About+‘Bespoke’+Funds++wsj
