ETF Talk
There is still a lot of talk about ETF’s and they are not looking to die out anytime soon as more and more people want a piece of the action. Now index funds are dropping costs and finding the best tax advice for those who invest in their mutual fund. Some index funds are only charging 0.10% on your investment which is a very good price. This is the greatest thing about ETF’s because it will cut costs for the investor and create more competition to perform above and beyond ones needs.
Need an alternative to gold? Try this ETF.
iShares MSCI South Africa Index (EZA) 100.91
This ETF deals with South Africa and since South Africa is a large gold producing country the ETF invest in many gold companies.
ETF’s assets for the month of April has jumped to $335 billion and there are currently 216 ETF’s being traded on US Exchanges. I look for the assets of ETF’s to move up like the assets of hedge funds (1 trillion).