Millennials Help Boost the Popularity of ETFs

(NewsUSA) – NewsusaInfographic – Investors have obviously caught on. Tired of paying what can be large fees for traditional mutual funds, they’ve poured $3 trillion into exchange-traded funds (ETFs) -; with $2.09 trillion of that held right here in the U.S. And according to TD Ameritrade, it’s millennials, especially, who’ve been allocating more and more of their portfolios to these baskets of securities that trade intraday like individual stocks.

See full-sized image here.