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Vanguard Chief Says Deluge of ETFs is Troublesome

Bill McNabb, who is the chief of ETF giant The Vanguard Group is warning the industry that the large number of ETFs being launched could create problems for investors. So reports ThinkAdvisor.


Investors, he maintains, need basic building blocks and an excessive number of
ETFs could cause individuals to question the intent of the products.

Read the full article from ThinkAdvisor.

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