Management will be rewarded for beating the S&P 500, a first for the growing industry.
The eleventh sector of the index alters the dynamics of the financial sector.
The new sector has 28 issues with a market value of about $605 billion.
What's good for flash traders might not be good for you.
The funds are more flexible than annuities, but can't guarantee a set payment for life.
Hybrid strategy between active management and index funds needs to perform and be cheap.
No matter what inflation feels like to you, it's what Wall Street sees that matters for investing.
Plus: Here comes the bear market for bonds, Vanguard leads the way in net inflows this year, and Obamacare continues to crumble
Vanguard's founder weighs in on passive investing, his critics, robo-advisers, Donald Trump and the fiduciary rule. <b><i>(More: <a href="http://www.investmentnews.com/section/video?playerType=Events&eventID=Morningstar2013&bctid=2498789058001&date=20130621" target="_blank">John Bogle's advice to advisers</a>)</i></b>
Embracing the reality of where the money is headed.
But it's tough to know if the ETFs' investing rules produce superior returns.
While some agree with the firm's logic underpinning the product, they question whether the product can overcome some of the traditional hurdles of managed accounts.
Performance anticipation push financials to the head of the pack in August.
Plus: Investors can't get enough of muni bond ETFs, finding robust yields in fine wines, and a pampered perspective.
Kunal Kapoor, who currently serves as Morningstar's president, has been appointed the new CEO.
But investors should expect volatility as election heats up.
The funds merge active-management strategies with low cost, passive structure.
Lumping ETFs and mutual funds into the same peer groups.
