« Domestic Mutual Funds Beat Market in '05 | Main | Oppenheimer Sees Four Drivers of Investment Returns in 2006 and Beyond »
Wednesday, January 04, 2006
Exchange-Traded Funds (ETFs) Grew in '05
Meg Richards, writing for the Associated Press, reports that "It was another year of growth for exchange-traded funds, as the number of offerings and asset levels swelled even further in 2005," in this article published at the Washington Post. Richards added that "With about 200 ETFs on the market, representing all manner of indexes, sectors, world regions, countries and even gold, fund providers are seeking new and interesting ways to expand." Ronald L. DeLegge, publisher and editor of ETFGuide.com, interviewed in the article said, "The next areas of growth are likely to reach into parts of the market that were once the exclusive province of more sophisticated investors, such as commodities and currencies." And, referring to currencies, DeLegge added "They're starting to equitize assets that traditionally in the past have not been equitized."