03.11.2011 - Let's go back to basics and start at the beginning of ETF--or ETP--investing
The emergence of exchange-traded funds (ETFs) has gone from strength to strength since their introduction in the U.K. a few years ago, and Morningstar's ETF analysts have been there every step of the way to provide education, direction and independent research. But many investors are still wary of these securities, not least because of the bad press they've received of late in regard to transparency and even the advent of the odd 'rogue trader'. So let's take it back to basics: What is an ETF?..............................................Full Article: Source
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