March 29, 2012 at 12:53 PM EDT
Do You Really Know What You’re Buying?
By Vedran Vuk, Casey Research Exchange-traded funds have been all the rage in recent years – they are easy to buy, easy to sell, and often have lower expense ratios than index mutual funds. But the Casey Research team dug deep into the complex world of ETFs and found that in many cases, their names can be utterly deceptive. Here are a few excerpts of our revealing special report, The Top Ten Misleading ETFs. Market Vectors Junior Gold Miners (GDXJ) – This ETF sure has a funny definition of a junior mining company. In my opinion, a junior miner is a small, speculative company just getting off the ground. Our publication, Casey International Speculator, specializes in this particular kind . . . → Read More: Do You Really Know What You’re Buying?
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