Written by David Fabian, December 12th, 2017
2017 will easily go down as one of the sturdiest on record for exchange-traded funds. Not only were a multitude of new and exciting funds launched, but fresh heights were achieved in global fund flows to these diversified investment vehicles. Through the first eleven months of the year, ETFs have amassed over $400 billion of new assets and have yet to show any signs of slowing down.
Much of this capital has been driven by the obvious benefits that ETFs offer over comparable alternatives. They serve as a way to access markets without the high fees of mutual funds or the business risk of individual stocks. These tools are a low-cost and transparent way to own virtually any asset class or factor dynamic while still retaining full control of your portfolio. They are easy to own, easy to understand, and give investors a tremendous leg up on reaching their long-term goals.