Abstrakt: |
The article discusses exchange traded funds (ETFs) according to top financial advisors in the U.S. Dryden Pence of Pence Wealth Management stresses that more important than low fees are yield, liquidity and bid-ask spread. Mattew Reiner, who runs all-ETF portfolios at Wela Strategies, compares the ETF industry to going in a supermarket and knowing what one wants to buy and performing due diligence. Richard Saperstein of HighTower's Treasury Partners tends to avoid ETFs for fixed income. |