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  1. The Quest for the Holy Grail of ETFs Continues

    Reports of the arrival of actively managed exchange-trade funds have been greatly exaggerated. Sure, there are some ETFs of recent vintage that come close, such as the PowerShares that track the quantitatively constructed Amex Intellidexes. Firms also have filed applications for active ETFs with ...

  2. The Liquidity Premium

    Less-liquid stocks have higher expected returns than more- liquid stocks.

  3. The ETF Year in Review

    ETFs experienced in 2005 another year of impressive growth.

  4. Fund Times: Bill Gross' Grim Economic Outlook

    Plus, news on J.P. Morgan, TIAA-CREF, Barclays, Citizens, Legg Mason, and more.

  5. Everyone Loves a Generalist

    Are Merrill Lynch's HOLDRs a good alternative to funds and ETFs?

  6. Forecasting Market Bubbles and Crashes

    Extreme stock downturns are preceded by a sustained period of accelerating growth rates.

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