PT - JOURNAL ARTICLE AU - Sheldon Gao TI - Etfs DP - 2001 Sep 21 TA - ETFs and Indexing PG - 101--105 VI - 2001 IP - 1 4099 - http://guides.pm-research.com/content/2001/1/101.short 4100 - http://guides.pm-research.com/content/2001/1/101.full AB - The global investment world has witnessed an explosion of exchange-traded funds (ETFs) for the past two years. As the new generation of investment funds, ETFs provide both institutional and retail investors with innovative investment opportunities. Among their eleven key attributes are diversification, convenience, simplicity, cost-effectiveness, transparency, flexibility, tax-efficiency, and variety.