Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: Most of the time when I have to write a rebuttal to something in the more mainstream press about ETFs, it’s all just about correcting the facts. Today is a little different.
Today I get to explain why something Bloomberg has laced with negative hyperbole—ETFs’ use of creation and redemption to minimize investors’ tax bills—is actually great. Regards, Ted
