| The idea of an active exchange-traded fund has been around for no less than six years now, with the first one being launched back in 2008. It is only over recent months, however, that the investment product has attracted significant interest from investors as a cheaper alternative to actively-managed mutual funds.
After all, it combines the flexibility and cost-effectiveness of an ETF with the higher returns that you would normally associate with a fund that has a good manager...............................................Full Article: Source
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