ETFs are a relatively new instrument in the fund investment world dominated by mutual funds. However, as ETFs continue to gain assets, with over $2.2 trillion in assets under management globally, more investors want to learn about indexing and the way ETFs work. [Five Differences Between Index Funds and ETFs]
“Whether you’re a wealth manager, a back office operations person, a technologist, a trader or a portfolio manager, your need to understand and use indexes and ETFs is greater than it has ever been,” Krein said in the article.
“Education really is an important part of indexing and ETFs because as successful as they’ve been, it really is still early in their life cycle,” Krein added.
For more information on ETFs, visit our ETF 101 category.