Letters to the Editor
To the Editors:
Your recent articles by John Bogle and John Markese on exchange-traded funds (ETFs) versus mutual funds brought to mind the many advantages of ETFs that were not mentioned. [Enhanced Index Funds: Can They Beat the Market, by John Bogle, May 2007, and Face-Off: Mutual Funds vs. ETFs, by John Markese, June 2007, AAII Journal.] In general, ETFs provide a more flexible and efficient way to diversify. Here are some reasons for this.
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