By Kevin Grewal, Editorial Director at www.SmartStops.net
The exchange-traded fund world has emerged with full force and continues to put pressure on the mutual fund industry.
- The number of mutual funds will decline from 8,022 in 2008 to 4,237 in 2015, with assets declining from $9.0 trillion to $6.75 trillion over the same period. The number of ETFs is expected to increase to 2,618 by 2015, with assets more than doubling to $1.15 trillion. The number of actively managed ETFs will increase to 325 by 2015. There currently are a handful of them offered by ProShares and Grail Advisors.