MutualFundWire.com: Big Brokerages Give ETFs a Chance
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Monday, March 31, 2008

Big Brokerages Give ETFs a Chance


ETFs are finding increased distribution at brokerage firms, Ian Salisbury reports in Monday's WSJ FundTrack. Brokerage houses now offering their clients model portfolios made up entirely of ETFs include: Citi Smith Barney, Wachovia, Merrill Lynch and Bank of America. ETFs work better with brokerage accounts than traditional index funds because they are more narrowly focused, Salisbury says.


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