State-Based Exchange-Traded Funds
by Cara Scatizzi
Update: The exchange-traded funds highlighted in this article were liquidated at the end of 2010.
Exchange-traded funds (ETFs) are continuing to prove themselves as ever-present and almost chameleon-like in their ability to take on many new forms as a perceived need arises. The latest additions to the ETF world are state-based ETFs.
In this article
- How It Works
- Types
- How to Invest
- Investor Suitability
- Tax Implications
- The Pros
- The Cons
- Additional Information
Share this article
Facebook
Twitter
E-mail
SeekingAlpha
Stumbleupon
Delicious
LinkedIn
How It Works
Exchange-traded funds are portfolios of securities that are usually passively managed and track an index, offering an alternative to traditional index mutual funds. ETFs are listed on an exchange and trade intraday.
Many ETFs track indexes that were created specifically to meet the asset manager’s goals. State-based ETFs are no exception. As of this writing, there are two state-based equity index ETFs. If these prove to be a success, more are sure to follow.
To read more, please become an AAII Registered User or CLICK HERE.
Discussion
Could you forward a copy of the guide to ETFs?
Phyllis Hopman
5951 Regal Glen dR # 208
BOYNTON BEACH fL 33437
OR
phop150@yahoo.com
Thank you
posted 7 months ago by Phyllis Hopman from Florida
The new Guide to ETFs (August 2012 issue of the AAII Journal) has just been posted online. Click on the AAII Journal tab at the top of this page.
posted 7 months ago by Jean Henrich from Illinois
Both ETFs were liquidated in September 2010. This article is badly out of date and should be removed.
posted about 1 month ago by Rob Graham from Georgia
