Liz Tammaro: you all registered for this webcast so we received quite a few questions in advance when. We will get started doing our question that is first and Jim, i will give that one for you. Therefore it makes plenty of feeling before we get going, let us determine what exactly is an ETF.
Jim Rowley: in other words, an ETF can be an exchange-traded fund, appropriate? It is a pooled investment car that acquires or gets rid of securities. Investors acquire a pro rata share for the assets for the reason that investment. The investment problems shares that are new redeems existing stocks to satisfy investor need.
Also, and I also should state supplying some form of an investment contact with those advisors, whether it is an index in specific or market strategy. When you see a lot more what exactly makes them comparable to shared funds is the fact that almost all of ETFs are arranged and controlled as investment businesses beneath the Investment business Act of 1940. And that is the exact same regime that is regulatory which mutual funds run. So for the conversations sometimes we read about differences between mutual funds and ETFs, they are overwhelmingly comparable actually.
Liz Tammaro: as well as thinking about this, we are able to discuss possibly exactly what are a number of the advantages of the shared investment versus an ETF or, sorry, even the other way around, ETF versus fund that is mutual. Weiterlesen