Do wealthy investors use exchange traded funds (ETFs) in their portfolios? It turns out, wealthy investors who use registered investment advisors are only indexing 3.8% of their marketable securities. These investors are seeking performance that exceeds market indices, and opt for a combination of separately managed accounts and actively managed mutual funds, reports Darla Mercado for InvestmentNews.

In comparison, individual investors hold 10%-15% of their assets in index funds, while the wealthy hold 1.0% in broad-based U.S. markets, and 2.8% to international markets. ETFs are favorite among larger investors. On average, they make up about 3% of their assets, compared to their smaller counterparts, who have 0.6% in ETFs.

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