| Exchange-traded funds started out as a low-cost, transparent way for investors to earn the markets' returns. Yet these days, the hottest ETF investment strategies involve layers of fees and managers who, using complicated formulas, design model portfolios with ETFs that aim to outperform the market.
Welcome to the expanding world of "ETF managed portfolios." The pitch is that ETF strategists can build precisely targeted portfolios across a range of investments and take advantage of the ease of trading afforded by ETFs to get in and out of markets at the right time...............................................Full Article: Source
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