Money Magazine

Join an 'original gangster'

They are the investment option that is quietly, if not imperceptibly, shaking up the financial world. No, I'm not talking about cryptocurrencies. And I'm not talking about non-fungible tokens (or NFTs).

They are attracting billions and billions of dollars every month, but they're not private equity funds or renewables. They are exchange traded funds - more commonly ETFs.

And they're recasting the: “In the US, ETF assets jumped 185% to $7.2 trillion in the five years to 2021, according to the Investment Company Institute, while those of mutual funds rose 65% to $27 trillion over the same period. Globally, ETF assets have more than tripled to $10.1 trillion since 2015, according to consultancy ETFGI.”

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