Anthony Layton MBA, CIM

Chairman & CEO, Portfolio Manager

Peter Guay MBA, CFA

Portfolio Manager
  • T514.875.7566 x 224
  • 1.800.875.7566
  • F514.875.9611
  • Place Alexis Nihon
  • 3400 de Maisonneuve Ouest,
    Suite 1501
  • Montreal, Quebec H3Z 3B8

Are exchange-traded funds dangerous? (Part 1 of 2)

December 16, 2011 - 0 comments

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

By: Anthony Layton & Peter Guay with 0 comments.
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