TY - JOUR T1 - Etfs JF - ETFs and Indexing SP - 101 LP - 105 VL - 2001 IS - 1 AU - Sheldon Gao Y1 - 2001/09/21 UR - http://guides.pm-research.com/content/2001/1/101.abstract N2 - The global investment world has witnessed an explosion of exchange-traded funds (ETFs) for the past two years. As the new generation of investment funds, ETFs provide both institutional and retail investors with innovative investment opportunities. Among their eleven key attributes are diversification, convenience, simplicity, cost-effectiveness, transparency, flexibility, tax-efficiency, and variety. ER -