ETFs have really made headway into the financial markets, as they track U.S. equity indexes, but, a recent report by The Wall Street Journal states that experts in the industry say the bigger focus in 2006 will be starting nontraditional, specialty products that will track fixed income, currencies and commodities, and some that will inverse the index they track.
"I think there will be a fair amount of product growth," states Jim Ross, co-head of adviser strategies at
People have really been contributing to the growth of the ETF business and investors have become more accepting of them, according to Valerie Corradini, senior strategist for iShares at
Products that track nontraditional areas technically are not ETFs, since the structure is not the same, however, because they function the same way, they are considered ETFs.
BGI has recently filed for a silver ETF, which would hold actual silver and would price shares daily according to the daily price of silver.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
