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Rating:Bond ETFs Seen as a Rival to Traditional Bond Mutual Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, November 29, 2007

Bond ETFs Seen as a Rival to Traditional Bond Mutual Funds

by: Erin Kello

An explosion in bond ETFs has led to triple-digit growth rates for the relatively new products, Dow Jones Newswires reports. Tom Anderson, head of ETF research at State Street Global Advisors, told the wire service that the rapid growth should take away some business from mutual funds and individual bond sales. According to ICI data, bond ETFs took in $8.4 billion in inflows in the first 9 months of 2007, up from $3.7 billion in the same period of 2006.  

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