Exchange Traded Funds ETF’s
in VBA Journaal door Drs Marko van Bergen RBAEquity markets have gone through remarkable change since stocks were invented hundreds of years ago. Since 1940, mutual funds gave investors a practical way to diversify their holdings and achieve professional asset management. With the advent of modern portfolio theory, index funds emphasized risk management and lowered investment management and transaction costs. And along the way, financial derivatives came to the foreground, giving investors flexibility in achieving their equity exposure.