/24-7PressRelease/ - November 10, 2005 - Global Trends Investments has officially announced ETFtrends, a weblog with daily news and commentary about the fast changing trends in the Exchange Traded Fund (ETF) marketplace.
Tom Lydon, president of Global Trends said "ETFtrends weeds through all the marketing hype and focuses on the significant events and news in the ever-changing ETF space. In addition, this Web site provides timely investment suggestions by profiling various asset classes, industry groups and global regions."
Exchange traded funds are revolutionizing the investment industry by providing cost efficient, index based mutual funds which trade like stocks. Their low internal expenses and transparent offering of diversified holdings makes ETFs very attractive to both individual and institutional investors.
There are currently 176 different ETFs available representing $259 billion. This accounts for just 4% of mutual fund assets but is expanding at a more than $50 billion a year.
ETFtrends is owned by Global Trends Investments, a privately held registered investment advisory firm.
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