subject: Macro Millionaire Coaching Program Global Market Comments for March 02, 2011 | Investors Will Win the ETF Price War [print this page] Macro Millionaire Coaching Program Global Market Comments for March 02, 2011 | Investors Will Win the ETF Price War
SPECIAL END OF THE MUTUAL FUND ISSUE
Featured Trades:
(ETF PRICE WAR),
(PE MULTIPLES IN THE NEW NORMAL),
(BIDDING FOR THE STARS),
(DEATH OF THE MUTUAL FUND)
Investors Will Win the ETF Price War.
Many hedge fund traders are unhappy about the current near monopoly enjoyed by the top three ETF issuers, Black Rock, State Street, and Vanguard, which control 83% of the market. At last count more than 1,100 ETF's were capitalized at more than $1 trillion. The result has been grasping management fees, exorbitant expense ratios, and poor structural designs which create massive tracking error.
The good news is that new entrants are flooding into the ETF space, and the heightened competition they are bringing will help curtail the worst of these abuses. This development will accelerate the demise of the bloated and arthritic mutual fund industry, whose end has been a long time in coming. Not only will management fees and expense ratios plunge, there will be a far broader range of offerings, as new funds are launched from a diverse range of institutions coming from differing areas of expertise. Failure to enter the newly lucrative ETF market by the remaining giants sitting on the sidelines means that their existing mutual fund businesses will be cannibalized.
Look no further than bond giant PIMCO, which is coming out with a plethora of fixed income related funds, Van Eck's expanding list of ETF's for commodities, and the even growing list of inverse and leveraged inverse ETF's presented by ProShares. The bottom line will be that lower costs and tighter spreads will leave more profits on the table for the rest of us.
The Mutual Fund Industry is Getting Canibalized
The "New Normal" Calls for a Lower Market Multiple Range.
"Exclusive Content for Macro Millionaire Coaching Students Only"
==> Click here for more information on this exclusive service for serious traders.
The Bull's Days Are Numbered
Bidding for the Stars.
"Exclusive Content for Macro Millionaire Coaching Students Only"
==> Click here for more information on this exclusive service for serious traders.
The Death of the Mutual Fund.
"Exclusive Content for Macro Millionaire Coaching Students Only"
The Mutual Fund's Days Are Numbered
Quote of the Day
"Bankers will get away with whatever they can get away withOur banking system is socially useless," said an oversight body in the United Kingdom.
If you'd like to sit side by side with John Thomas and let him help you multiply your portfolio like a winning hedge-fund manager then he's happy to mentor you and share his specific trades as he makes them just click here to get details on his breakthrough Macro Millionaire coaching program & trading service.
welcome to Insurances.net (https://www.insurances.net)
