ETFs offer something for every strategy
By David Hoffman
September 19, 2005
NEW YORK – It doesn’t matter what kind of investment strategy you follow – exchange traded funds can always help financial advisers lower their investment costs.
That was the consensus among a panel of advisers last week in New York at the Exchange-Traded Funds Summit. The event was sponsored by Financial Research Associates LLC of Santa Cruz, Calif.
Advisers who follow a tactical strategy are switching to ETFs from mutual funds because they can trade in and out of ETFs without having to worry about factors such as redemption fees, said Tom Lydon, president of Global Trends Investments of Newport Beach, Calif.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.