Advisers: ETFs emerge as more beneficial than mutual funds

06/10/2008 | InvestmentNews (free registration)

A decade ago, exchange-traded funds were an oddity, but now many financial advisers see them as an indispensable tool with clear advantages over mutual funds. Marvin Appel, CEO of Appel Asset Management Corp., said that ETFs are more transparent and less expensive than many mutual funds.

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