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Lewis Braham: ETFs’ Hidden Source Of Return—Securities Lending

FYI: Securities lending is helping some ETFs beat their benchmarks. How Vanguard, Charles Schwab, BlackRock, and State Street differ. What to watch for.
Regards,
Ted
http://www.cetusnews.com/business/ETFs’-Hidden-Source-of-Return—Securities-Lending.HytAZRHoG.html
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