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When Do ETFs Work Well? When Do They Struggle?

Morningstar's Paul Justice and Sam Lee discuss what types of ETFs work well for investors and when they might want to look at other investment vehicles, such as active mutual funds or closed-end funds.

Paul Justice: Hi. I am Paul Justice of Morningstar, the director of our ETF research in North America.

Today, we're going to talk about the ETF structure, and when it works and when it might not, and some of the challenges that you might face.