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Why exchange-traded funds are on a better footing than mutual funds

Posted on 23 March 2009

From Livemint.com: These days anything even remotely connected with financial engineering arouses suspicion. But all financial engineering need not necessarily end up making a hole in the financial system. Exchange-traded funds or ETFs stand as a good example of successful financial engineering.

These follow what is called “in-kind creation and redemption”—an innovative structure that puts them on a better footing than our mutual funds…..Full Article: Source


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VRS - who has written 39000 posts on Opalesque Commodities Briefing.


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