New York Times has interesting article on new exchange traded funds.
PowerShares Capital Management, a small but fast-growing issuer of exchange-traded funds, the increasingly popular alternative to traditional mutual funds, has been the main innovator in this arena. Based in Wheaton, Ill., it has started a series of index funds that it calls X.T.F.'s and whose goal is to beat benchmark indexes.
A few sites for researching exchange traded and index funds.
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