Portfolio Turnover 101: An ETFdb.com Guide
July 10, 2015 at 17:42 PM EDT
At first blush, exchange traded funds (ETFs)—and mutual funds for that matter—are pretty simple animals. They represent diversified baskets of various assets that can be bought or sold by any investor. That simplicity has helped ETFs grow to a staggering $3 trillion in assets across the globe. But even in that simplicity, there are a few things that investors need to be aware of.
