FYI: ETFs saw record growth during the year, with both institutions and retail investors piling into the investment vehicle. ETFs hold baskets of securities like mutual funds but trade intraday like stocks. Among other attributes, advocates tout the transparency of the structure, as well as the greater tax efficiency, and in 2017 investors seemed more willing than ever to listen. There are now ETFs tracking essentially every sector, region and asset class, and basically every category of fund saw growth in the year.
Regards,
Ted
https://www.marketwatch.com/story/etfs-shattered-their-growth-records-in-2017-2017-12-11/print
