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5 Things You May Not Know About ETFs - But Should

Posted on May 16, 2008

How much do you know about ETFs, one of thehottest investment products on Wall Street? Here are a few facts thatmay surprise you: 1. ETFs aren't new.Canada claims the first exchange-traded fund, but first U.S. ETFlaunched in 1993: S&P 500 Depository Receipts, also known as SPDRand pronounced spider. While the first wave of ETFs tended to trackbroad market indexes, such as the S&P, the current generationslices and dices the market by industry, country, and sometimes obscureniches. HealthShares Infectious Disease ETF (HHG), anyone?...

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disease , etf , etfs , sp
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