Industry commentators have warned the inclusion of ETFs in the Investment Association's sectors could lead to the mean average returns becoming "meaningless" as passive funds skew the figure, but also noted it will leave 'closet-trackers' nowhere to hide.
Today (30 November), the IA revealed in the paper The Investment Association Sector Scheme Consultation on Inclusion of ETFs it is looking into whether ETFs should be allowed into its sectors, which currently...
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