Active Managers Try to Shake Up Passive Etf Niche?

Summary


By Mark Jewell AP Personal Finance Writer

BOSTON -- If there's any wisdom to the maxim "If it ain't broke, don't fix it," you might not know it from looking at what the exchange-traded fund industry has been up to lately.

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Active Managers Try to Shake Up Passive Etf Niche?

ETFs' heritage, now 16 years old, is rooted firmly in index investing. ETFs generally hold a basket of investments that passively track a market index. But unlike mutual funds, ETFs can be traded like a stock during daily trading sessions.

Their no-frills index approach to investing mea...

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