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Alternative InvestmentsETF Clones-At A DiscountETF Clones-At A Discount
Millions of investors have piled into exchange-traded funds (ETFs) over the past decade. Assets in the funds have grown from $65 billion in 2000 to $488 billion today, according to the Investment Company Institute, the mutual fund trade group. There are good reasons for this growth. ETFs offer low costs and tax efficiency. But for all their virtues, they are not always the best choice. Consider their