‘Funds of Funds’ Move Into ETF World

These funds appear to be similar to regular ETFs. But there are important differences.

香蕉视频苹果下载Exchange-traded-fund providers are coming out with more offerings of what are known, a bit awkwardly, as “funds of funds.”

香蕉视频苹果下载While a regular ETF typically owns a basket of securities, an ETF fund of funds owns a basket of other ETFs. Funds of funds have a long history in the mutual-fund industry, and are now taking root in the ETF world.