| Earlier this year, exchange-traded funds celebrated 25 years of offering low-fee, diversified investment options to Canadians. The anniversary marks the inception of the world’s first incarnation of an exchange traded fund, or ETF – the iUnits S&P/TSE 60 Index Participation Fund launched in Canada in March of 1990.
Since then, the popularity of ETFs has grown. They track broad indexes as well as highly specialized ones. The global ETF market grew by 17 per cent in 2014 to more than $3-trillion (U.S.), according to the fund-research firm ETFGI LLP, and in Canada, ETFs account for about $87-billion in assets under management...............................................Full Article: Source
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