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Most investors are happy to have turned the page on 2008. Now money managers are looking for ways to help them bounce back in the new year. Here are some managers' top ETF picks for 2009 and beyond.
Maximizing utility: Alan Rosenfield, managing director and founder of Harmony Asset Management, is anticipating adversity for the market in 2009. "We like the long term, but are nervous about the shorter term," he says. "I think we might see a lot of sideways action in the months ahead."
One of Rosenfield's top picks for the next 12 to 18 months is the Vanguard Utilities ETF(VPU Quote). This ETF has 84 holdings and a yield of 3.7%. "We think it's cheap, has a good dividend yield and it's defensive," he says. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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