August 18, 2008 at 18:00 PM EDT
Fund of Fund ETFs Can Be Fun For Investors Who Want to Take It Easy
Exchange traded fund (ETF) managers have taken a cue from hedge funds and mutual funds and created ETFs that specifically hold shares of other ETFs. It’s like a one-stop-shop for investors. The proliferation of ETFs has given way to some creative ETF ideas and strategies, and they keep getting even more creative. PowerShares introduced three funds [...]
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