August 28, 2008 at 04:00 AM EDT
Of the Top Ten Funds In July, Seven Were ETFs
July was a notoriously troubled month for the markets, but not all exchange traded funds (ETFs) were suffering. John Spence for MarketWatch notes that there were 708 U.S.-listed ETFs in July, with 24 managers at the helm, and $578 billion in assets, according to State Street. Sure, it’s dwarfed by mutual funds’ $12 trillion. But don’t count [...]
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