ETF Analysis: Bottom-Up vs. Forward Looking [View article]
Generally, I find that Morningstar not a great fan of ETFs. I guess being biased against ETFs in the author's position is understandable, given that her company would become irrelevant if ETFs overtake mutual funds as the choice of investors and their money.
However, her stance is a bit perplexing, given the number of iShares products based on Morningstar indices and the free revenue flow that those funds provide to Morningstar. Perhaps that's why the author and her company usually focus on State Street's products?
Also, I found it most interesting that the author would bring an iPath into the article. These are structured notes, not funds. Is she comparing asset classes, returns, or structures?
ETF Analysis: Bottom-Up vs. Forward Looking [View article]
ETF Analysis: Bottom-Up vs. Forward Looking [View article]
However, her stance is a bit perplexing, given the number of iShares products based on Morningstar indices and the free revenue flow that those funds provide to Morningstar. Perhaps that's why the author and her company usually focus on State Street's products?
Also, I found it most interesting that the author would bring an iPath into the article. These are structured notes, not funds. Is she comparing asset classes, returns, or structures?