Investors are increasingly migrating away from stodgy mutual funds to streamlined ETFs because of their low-cost, transparency and flexibility.
This trend has continued to gain steam as advisors recognize the majority of actively managed mutual funds are not able to consistently beat a passive benchmark over time.
While the concept and value proposition of transitioning to ETFs is sound, many investors may find themselves needing some additional guidance when it comes to replacing their existing mutual fund holdings. Fortunately, there are a variety of tools available that can assist with this process.
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The first step in moving to ETFs is to define the style of mutual funds that you are currently allocated ...
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