QQQQ available direct from Nasdqaq with no fees? (Also mentions EFA, VGK, VPL, VXF)
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The NY Times ran an article about ETFs (free registration required) on the front page of its Mutual Funds Report this weekend. Points of note:
- Nasdaq chief marketing officer John Jacobs says that investors will soon be able to buy QQQQ (the Nasdaq 100 tracking ETF) direct from the exchange at low or no costs.
- The iShares MSCI EAFE index ETF, ticker EFA, is now considerably larger than the Vanguard Total International Stock Index mutual fund, at $16.5 billion in assets versus $9.6 billion.
- Assets in State Street's sector ETFs (Select Sector SPDRs) rose 52% in 2004.
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