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ETFs have come a long way in changing the investing landscape since the first one hit the market in 1993.
ETFs enable individual investors to engage in investing strategies that are more sophisticated than ever before. Many of these strategies wouldn't have been feasible from a practical standpoint 15 years ago for most investors.
"With the broad array of ETFs' investment guidelines, there are so many things that you can do with them now," says Ed McRedmond, Senior Vice President of portfolio strategies for Invesco PowerShares.
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