| The exchange-traded fund business resembles an episode of HBO’s Game of Thrones. Alliances have been formed, surprise attacks have been launched and everyone wants to be king. And why not?
ETFs are the fastest-growing segment of the staid mutual fund industry. ETFs, which are investment funds traded on exchanges that usually track market indexes, offer investors lower costs and more tax efficiency than traditional mutual funds. Since the financial crisis, more money has flowed out of mutual funds and into ETFs...............................................Full Article: Source
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