ETFs Tracking Nontraditional Products to Gain Steam in 2006

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 State Street Global Advisors. "I think you will see new entrants and existing folks expanding their product lines," he added.