ETN Investors Shun Funds In Favor of ETFs
September 30, 2008 at 17:00 PM EDT
Market volatility and the precariousness of our financial institutions are making some exchange traded note (ETN) investors a little nervous. The recent failure of Lehman Brothers has highlighted the risks of ETNs, which are credit instruments. And even when salvation for a firm that has gone bust arrives, there’s no guarantee - as the in case [...]