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Don Dion
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Don Dion (donalddion@gmail.com, @DRDInvestments) is the owner and Chief Investment Officer of DRD Investments, LLC, based in Naples, FL. and Williamstown, MA., a family office focused on managing a long/short hedge fund, real estate assets and various other financial assets for the Dion family.... More
My company:
DRD Investments, LLC
My blog:
Don Dion's IPO Analysis
My book:
The Ultimate Guide to Trading ETFs
  • Fidelity Investments Considering Actively Managed ETFs 0 comments
    Jan 21, 2010 8:10 AM

    The departing President of Fidelity Investments, Rodger Lawson, said the firm might roll out actively traded ETFs modeled after their very successful Select Mutual Funds that invests in sub sectors of the market. This news is important to ETF investors because it would add a very strong and profitable competitor to the rapidly growing industry. We could see fees drop and liquidity increase on specialized actively traded ETFs. Thus far, Fidelity has sat out the explosive growth of ETFs which now exceeds $1,000,000,000,000 in assets. 

    To access my special Market Outlook for 2010 report, click here

    Try my new ETF Action newsletter today! click here

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