Exchange traded funds are becomming the rage. It’s like mutual fund, but you can buy and sell it easily like a stock.
Most mutual funds you have to buy with a large lump sum and go through one central fund management team. With ETF’s you don’t have to do this. You can go through your online broker and buy and sell funds easily, just like stocks.
As ETF’s came to the forefront last year it’s been talked about that this year will be the year of the ETF. About 200 – 300 more ETF’s are going to launched in 2007 and they’ll be looking to take market share from the 100 or so that came out in 2006.