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Hedge-Fund Billionaires: Top 2 ETF’s Down 12% In 2013-Reversal Time?

iStockAnalyst – ETF’s are one of the greatest financial inventions of the last 20 years. The ETF has surged to incredible popularity with both regular investors and hedge-fund billionaires alike because of the long list of benefits these instruments offer.

They are generally a better deal than mutual funds, carrying lower expenses and fees. ETF’s provide access to markets that were previously inaccessible to most investors, including emerging markets, commodities and international fixed-income assets. ETF’s also offer more transparency and liquidity than your average mutual fund, traded on an actual exchange as a listed security.

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