EXCHANGE TRADE FUND: A TREND OF THE FUTURE FUND INDUSTRY
Xiaodong Xu
Abstract
Xiaodong Xu
Abstract
As a new open-end index fund,Exchange Trade Fund has special innovative advantages: for the investors, it has perfect liquidity and low transaction cost; for the fund management companies,the redemption in kind will improve the utilization of the capital. With the improvement of the securities market efficiency in every country, the fund specialists are paying great attention to the development of the Exchange Trade Fund and regarding it as the trend of the future fund industry.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
As a new open-end index fund,Exchange Trade Fund has special innovative advantages: for the investors, it has perfect liquidity and low transaction cost; for the fund management companies,the redemption in kind will improve the utilization of the capital. With the improvement of the securities market efficiency in every country, the fund specialists are paying great attention to the development of the Exchange Trade Fund and regarding it as the trend of the future fund industry.
Key concepts: Sovereign wealth fund, Investment fund, Index fund, Fund administration, Income fund, Business, Manager of managers fund, Target date fund