Lately, the media has been painting a critical picture of Exchange Traded Funds (ETFs). Most of the criticisms apply to a small subset of ‘synthetic’ ETFs, which represent only 16% of the ETF market. Unfortunately, most of these articles fail to make the distinction between ‘synthetic’ and ‘physical’ ETFs. At PWL, we only use physical ETFs in the portfolios we manage.
In Raymond’s latest Economic Pulse, he explains the difference and how PWL’s due diligence protects our portfolios.
Enjoy the read!
Tony & Peter