ETF SPOTLIGHT

ETF Perspectives: Vanguard insights for financial advisors™ Spring 2019

Barry Ritholtz describes the beauty of ETFs, and how his firm marries asset allocation and financial planning to create more value for clients.

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Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

All investing is subject to risk, including possible loss of principal.