"ETFs held approximately $226 billion in assets at the end of last year, said Chip Roame, a managing director with Tiburon Strategic Advisors, speaking at the conference. In comparison, index-based mutual funds held $505 billion in assets.
ETFs, which are index-based products, captured roughly $57 billion last year. The amount equals 60% of the total inflows into ETFs and index mutual funds combined. At that rate, ETF assets will surpass assets in index mutual funds in three to four years, Roame says."
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.