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Aug 30 2005

Exchange-Traded Funds Branching Out

In this article from Forbes.com, Chana Schoenberger covers niche exchange-traded funds (ETFs) such as country and regional sectors, gold, biotech and real estate investment trusts, including Vanguard's European, Pacific and emerging-markets index funds, the BLDRS Europe 100 ADR, and the streetTRACKS Wilshire REIT, and interviews several industry experts who discuss some of the pros and cons of ETFs. Clifford Weber, senior vice president of the ETF Marketplace at theAmerican Stock Exchange, forecasts trading of actively managed funds on the exchange within the next year.

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