Thu, 7 Feb 2013
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Transitioning from mutual funds to ETFs for their low costs and tax efficiency is tempting, but some of these advantages may be exaggerated, says Vanguard's Joel Dickson.
Despite the profusion of niche ETF products coming to market, investors are still showing a strong preference for low-cost, plain-vanilla equity exposure, says Morningstar's Ben Johnson.
2011 showed unabated ETF adoption, a focus on risk and income, increasing demand for non-U.S. debt, more alternative ETFs , and more, says Morningstar's director of ETF research.
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