ETF Trends – When Switching to ETFs from Mutual Funds Makes Sense

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With exchange traded funds gaining wider acceptance, many investors are considering switching out their open-end mutual fund positions for the cheaper ETF options.

Michael Kitces, a CFP professional and director of planning research at the Pinnacle Advisory Group, argues that shifting assets away from mutual funds and into ETFs makes sense for some retirees, especially for those more well off, reports Chris Kissell for Bankrate.