It seems that mutual funds are getting a bad rap these days and exchange traded funds have been praised as the new “best” investment tool.
When we construct portfolios, we look for vehicles that fill a spot in the asset allocation we have identified for our client. The characteristics we look for are:
If these characteristics are available, the structure as an ETF or mutual fund is not a material consideration. So don’t let the mutual fund tag deter you from considering it as a viable investment vehicle.