Some also argue that wealthy investors are taking the ETF products more seriously instead of a trending flavor-of-the-month.
“They want to make sure the trend is established [before investing],” Rob Ivanoff, president of the firm Financial Products Research, said in the article.
Moreover, investors are finding that the ETF investment vehicle is more efficient in the long run.
“If you’re tired of failing to beat the market—because the average equity mutual fund fails to beat the market on a regular basis—[then]… ETFs are a great way to get exposure to [a variety of]asset classes in a very cheap way,” Rosenbluth added. “Paying less money for it helps your returns.”
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.