FYI: While millions of Americans count themselves as devoted sports fans, few exchange-traded funds or mutual funds are available for them to invest in their passion. And even those options are only indirectly related to professional sports, with returns that have been mixed.
The irony is that sports analogies are common in investment discussions, and investing and sports have a similar competitive appeal for many people. But the disconnect stems from the fact that most of the revenue generated in professional sports isn’t accessible through public securities, analysts say.
Regards,
Ted
http://www.cetusnews.com/business/Sports-and-Mutual-Funds-Can’t-Seem-to-Team-Up.rJeT4UwxNf.htmlM* Snapshot FANZ:
http://www.morningstar.com/etfs/BATS/FANZ/quote.html