Index and exchange-traded funds held special lure for investors during the final years of the bull market for their broad exposure to the stock market. Then, when the bear market hit, they became popular for their low costs. This year, added benefits of ETFs seems to be their tax efficiency and protection from trading abuses, CBSMarketWatch reports.

In years past, the primary investors in ETFs were hedge funds, institutions and traders Today, much of the $210 billion invested in ETFs is from individual investors.

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