Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Friday, February 9, 2007

Bogle on ETFs

John Bogle gives his opinion of ETFs in a WSJ commentary today.  He doesn't like them because they are contrary to the index mutual fund model he invented.  Why are ETFs doing so well?  Because, he says, "ETFs are a dream come true for fund managers, brokers, financial advisers and entrepreneurs."  See 'Value' Strategies.

http://lawprofessors.typepad.com/securities/2007/02/bogle_on_etfs.html

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