Reblog: How Do ETFs Work? An In-Depth Look at Exchange Traded Funds
2017 was a banner year for Exchange Traded Funds (ETFs).
According to data from Charles Schwab, Bloomberg, and Investment Company Institute, ETFs saw a record inflow of more than $800 billion in 2017. That inflow came at the expense of mutual funds, who saw an outflow of about $200 billion.
(Image Courtesy of Business Insider)
What’s even more impressive about ETFs earning a record $800+ billion inflow in 2017 is that the record before this was in 2016 …. At $286.5 billion.