FYI: One of the biggest trends in the investment industry is the explosive growth in variety, availability and use of ETFs. These vehicles are more tax-efficient, have more flexible trading and are typically less expensive than most mutual funds, which has made them popular tools in passive investing strategies — even among advisors who otherwise actively manage client portfolios.
And yet the overwhelming majority of advisors still use mutual funds as well, which raises the question: How exactly do advisors choose between mutual funds and ETFs?
Regards,
Ted
https://www.financial-planning.com/news/etf-vs-mutual-fund-trends-investing-portfolio-construction?mod=article_inline
