| Exchange-Traded funds (ETFs), already popular among investors big and small, are set to grow dramatically by 2020, a new report has found. Since they emerged as an asset class two decades ago, ETFs, which track stock indices or other baskets of securities and trade like stocks, have been winning investors over.
They offer transparency and lower costs than mutual funds. ETFs hold more than US$2.6 trillion (S$3.5 trillion) of assets globally, and that is set to reach US$5 trillion or more by 2020, the PwC report said...............................................Full Article: Source
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