“My premise is there’s a better opportunity in growth,” Tom Mench, an investment manager who oversees $180 million in ETF assets, said in the article.
Morningstar analyst Samuel Lee believes the ETFs’ phenomenal growth “was a lucky coincidence. If you had released these funds in the late 1990s, no one would have bought them.”
Powershares S&P 500 Low Volatility ETF
For more information on market volatility, visit our volatility category.
Max Chen contributed to this article.