Exchange-traded funds (ETFs) are investment funds that are listed on a major stock exchange and typically track some underlying security, index, commodity, or other asset. ETFs, like mutual funds, are often designed to track assets that are otherwise difficult to purchase individually or in small amounts, such as an index or commodity. Compared to mutual funds, ETFs are characterized by generally lower fees and higher liquidity because ETFs are traded on major market exchanges. In addition,...
We've done a lot of work on structured products. And Imeanalot. In addition to our research on valuation and suitability issues, we've devoted a section of our website to informing investors about different types of products, as well as Tear Sheets evaluating several thousand structured products released over the past couple years. We have found that most structured products are issued at a substantial premium, and that many investors (especially retail investors) do...
