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New Investment Frontier 3

Atkinson, Howard J / Green, Donna
New Investment Frontier 3
Exchange traded funds have been called the next generation of mutual funds. Essentially, ETFs are low cost, tax-efficient mutual funds that trade on a stock exchange. In 2000, there were 30 ETFs trading on North American stock exchanges with assets of US$36.5 billion. Three years later, despite the worst equity bear market in 70 years, ETFs number 130 and assets have soared to over US$100 billion. Canada was home to the first successful ETF in...

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