FYI: (This is a follow-up article.)
Exchange-traded funds have become a big success story over the past quarter century thanks to their low costs, tax efficiency and ease of trading. In addition, the daily transparency of their holdings—unlike the quarterly reporting of holdings by mutual funds—is also considered one of their charms. Finally, and equally important, these (mainly) index-based products have ridden the wave of passive investing that has swept over the investing landscape like a tsunami.
Regards,
Ted
https://www.fa-mag.com/news/a-solution-in-search-of-a-problem-44528.html?print
