Luckily there is still some good work being done in the traditional open-end mutual fund space outside of the Morningstars of the world. For instance, Mutual Fund Observer, which is a successor site to FundAlarm, consistently does a good job of covering with a skeptical eye the mutual fund industry. David Snowball does yeoman’s work in highlighting funds flying under the radar or new funds coming online.
Investing, whether it is in an open-end fund or ETF, is still investing. Just the structure is changed. Even ardent ETF investors can sometimes learn from how the other $12 trillion invests.
Items also worth checking out:
- September 2011 commentary. (Mutual Fund Observer)
- The second act begins for ETFs. (McKinsey & Company)
- A-list ETF sites. (Abnormal Returns)
Tadas Viskanta is the founder and editor-in-chief of the Abnormal Returns blog.