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ETFs Are Growing

Crews Bank & Trust Wealth Management Services Jan 5, 2023
chart shows the opening and closings of mutual funds vs. exchange traded funds (ETFs) since 2012.

Contents

Today’s Chart of the Day comes from Morningstar Direct and shows the openings and closings of mutual funds vs. exchange traded funds (ETFs) since 2012.

In a nutshell, in 2012 there were 557 mutual funds opened and five closed. In 2022, there was a declining trend with only 180 mutual funds opened and 181 closed. When looking at ETFs in 2022, there was a whopping 406 opened.

Quite simply, investors are seeing the superiority that ETFs provide for greater tax efficiency, liquidity, transparency and lower costs.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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