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Rating:USA Today Picks Up BlackRock's Email Routing List Email & Route  Print Print
Thursday, July 18, 2013

USA Today Picks Up BlackRock's "ETFs Are the True Market" Tune

News summary by MFWire's editors

Take note: If you say something enough times, it may just catch on. USA Today reporter John Spence echoed BlackRock's [profile] line that ETFs are the true market and quoted Mark Weidman, global head of iShares ETFs at BlackRock.

Spence went on to say that investors shouldn't attempted to trade ETFs during the day simply because they can, as retail investors have a bad track record of timing the market well.

He reminds investors that bond ETFs are great investments but they move faster than the markets they track, so investors that use ETFs indexed to illiquid bonds in volatile times should be aware of that before trying to sell off too quickly.

To read more, click here

Edited by: Casey Quinlan


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