The cost and tax advantages of ETFs compared to mutual funds are well known. A less well known benefit is their transparency. Unlike the holdings in a mutual fund, which are only published four times a year, the holdings of an ETF are published every day. As this Arizona Republic article so explains, with ETFs you won’t be surprised when your mutual fund manager invests in things you don’t know about. This kind of visibility makes ETFs perfect for someone who wants something “180 degrees different from what Madoff was up to.”
Victims of Madoff’s Ponzi Scheme Should Have Invested in ETFs
- by Nate Geraci
Nate Geraci
Nate is President of NovaDius Wealth Management, a registered investment advisor providing clients with comprehensive financial planning and portfolio management. Previously, Nate helped launch The ETF Store, an investment advisory firm specializing in Exchange Traded Funds.
He is the creator and host of the weekly podcast ETF Prime, which Bloomberg has called one of the “most helpful plain-English resources for investors who want to demystify exchange-traded funds”.
He is creator and Host of Crypto Prime, which features interviews with top experts from around the world on bitcoin, crypto, NFTs, and the entire web3 ecosystem.
Nate is also Co-Founder of The ETF Institute, the first and only independent organization providing ETF industry professionals and financial advisors with certification, education, and training pertaining to ETFs.