Due to the role they played in spawning the recent global financial crisis, mortgage-backed securities are viewed by many as “portfolio poison.” As individual and institutional investors looked to dump these securities last year, the federal government was “forced” to acquire a huge MBS position. With signs of a sustainable recovery popping up, the Fed has reportedly begun considering ways to unwind this massive position, a policy move that could have a big impact on prices of MBS ETFs in coming months. [click to continue…]
Even the most vocal supporters of passive management and indexing have to admit that certain investor track records are far too stellar to attribute entirely to luck. While I’ve frequently disparaged the concept of active investing, I’m still eager to hear what trends legendary investors are following. The Wall Street Journal’s Gregory Zuckerman recently compiled some thoughts from George Soros, John Paulson, and others on the current economic environment. So what are these experts betting on? Some of the answers might surprise you: [click to continue…]
The majority of ETFs on the market follow the traditional ETF model – tracking an underlying equity or bond index. But as the benefits of the ETF structure become more widely accepted, inflows from increasingly sophisticated have created a demand for increasingly complex funds. Here are five of the more complex ETFs available to investors today, along [...]