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NEW YORK (TheStreet Ratings) -- TheStreet.com Ratings initiated coverage of 13 exchange-traded funds, or ETFs, that accrued a sufficient track record of risk and performance data by the end of June 2011. Four of the 13 newly rated exchange-traded funds start out in the Buy range. Two of the funds that opened for business in June of 2010 received our highest possible rating of A+, or Excellent ...
Assets in U.S. exchange-traded funds may double to $2 trillion before the end of 2015, driven by the growth of non-traditional products, Bank of New York Mellon Corp. (BK) and consulting firm Strategic Insight said.
TORONTO (Reuters) - The value of assets managed by Bank of Montreal's exchange traded fund business has risen 35 percent in the past three months to C$2.7 billion ($2.8 billion), Canada's No. 4 bank said on Wednesday.
In part, the popularity of E.T.F.s reflects investor dissatisfaction with traditional mutual funds and a desire for constant tradeability.
ETNs offer access to unusual strategies, but be aware of their special risk.