THE NEW ETF PITFALLS

摘要

A choppy market hasn't stopped Americans from pouring cash into exchange-traded funds. But some of the newer ETFs come with unwelcome wrinkles. Can investors avoid the traps? JOHN BONORA STARTED USING EXCHANGE-TRADED FUNDS IN EARLY 2009 as a way to jump back into the rallying stock market. And at first, he made a killing. He bought ETFs that followed the financial and technology sectors, and they performed exactly as he'd hoped. When the bank and software stocks held by the EIF went up, so did the ETF's price.