Additionally, the low expense ratios found in ETFs have also been an enticing draw. [How ETFs Save on Fees and Taxes]
Dan Draper, global head of ETFs at Credit Suisse, points out that investors also enjoy the various asset classes and geographies ETFs provide exposure to.
“We are starting to see products offered in some areas such as emerging markets and certain commodities, for example, where access is not available through an index fund,” Draper said in the article.
ETFs have “opened up a broader range of markets and indices than are available in the traditional mutual fund structure,” Bower added.
For more information on mutual funds, visit our mutual funds category.
Max Chen contributed to this article.