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Boomers Flocking to ETFs: Study

Saturday, Oct 01 2016
News Roundup
Written by  PFA News

Many market observers have attributed the explosive growth of exchange traded funds to Millennials and GenXers, but a new study shows that Baby Boomers are more receptive to the products than their younger counterparts. So reports ThinkAdvisor.

In the study, which was conducted by Pershing, 48% of Boomers said they were receptive to using ETFs, while only 17% of Gen Xers and 6% of millennials said they used the products.

Read the full article from Think Advisor.

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