Exchange-traded funds are the fastest-growing segment of the financial services industry with 25% annual asset growth. Assets invested in ETFs reached a new apex of $3.14 trillion globally from 283 providers, traded on 65 exchanges in 51 countries, as of April’s end, according to industry tracker, ETFGI.
U.S. investors lead the ETF world with $2.22 trillion invested, followed by Europe with $533.34 billion and Japan at $145.9 billion. Despite their furious growth, ETFs remain a mystery to most. Only 4% of U.S. households own ETFs, as of mid-2014, whereas 14% of households own individual stocks...............................................Full Article: Source
|