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ETF Investors Keep It Simple

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.

Christine Benz: Hi, I'm Christine Benz for Moringstar.com. Exchange-traded funds garnered near-record inflows in 2015. Joining me to provide a recap of the past year in ETFs is Ben Johnson--he is director of global exchange-traded fund research with Morningstar.

Ben, thank you so much for being here.