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Thursday, October 11, 2012

Are There Too Many ETFs?

News summary by MFWire's editors

A USA Today writer has a very serious question for all you ETF mavens: Are there too many ETFs?

John Waggoner writes that there 394 funds on the ETF Deathwatch, a list of funds that should be on the road to extinction. And while they are the biggest new story in the investment world now, he writes, ewcomers to the ETF gold rush are pumping out new funds of dubious value because the most popular areas are already well-populated.

The full article can be read on the USA Today website

Edited by: Tommy Fernandez


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