P&I Custom Publishing - Advertising Supplement
EXCHANGE TRADED FUNDS
Issue Date: September 29, 2003
As weve watched the number and variety of exchange-traded funds (ETFs) grow, weve seen these offerings adding real pep to portfolios. The global investment world has witnessed an explosion of ETFs starting in 1999. Theyve offered institutional investors diverse and flexible options to invest in international equity markets. ETFs combine the low-cost and low-turnover advantages of index funds with the trading characteristics of stocks. Additionally, their innovative legal structures provide for substantial liquidity and greater tax efficiency.
One of the purposes in assembling this supplement is to raise awareness that ETFs are powerful, tax-efficient tools that, in just over a decade of existence, have proven their mettle in making institutions more resourceful in efficiently responding to client requirements.
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P&I Custom Publishing is a division of Pensions & Investments.
The content and agenda of the Exchange Traded Funds Supplement is not created, written or produced
by the editors of Pensions & Investments, and does not represent the views or opinions
of the publication or its parent company, Crain Communications Inc.
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contact Chris Battaglia, Associate Publisher at (212) 210-0714.