| 24.02.2009 - The rise and rise of ETFs |
| From Investorschronicle.co.uk: While UK investors may still regard exchange-traded funds (ETFs) with some scepticism, in the US these funds have been around for almost 20 years, with some crediting them as the saviour of the American Stock Exchange (Amex). One of the world's first ETFs, the 'Spider' - short for Standard & Poor's Depositary Receipts - was developed in 1993 by an executive with the American Stock Exchange..... Full Article: Source |