From Fool.co.uk: ETFs have many advantages but be wary of these three pitfalls. With their success in drawing investors in the midst of the credit crunch, exchange traded funds (ETF) have arrived on the investment scene.

Net inflows into European ETFs were €60bn in 2008, compared to a net outflow of €393bn from conventional investment funds. From the beginning of 2009 to the end of May, there were further net inflows of €11bn………Full Article: Source