ETF SPOTLIGHT

ETF Perspectives: Vanguard insights for financial advisors™ Summer 2018

Todd Rosenbluth of CFRA discusses the differences between similar ETFs and the potential gaps and overlaps that can occur in client portfolios. Also, how to choose among, and trade, international ETFs. Plus, get to know Vanguard U.S. Liquidity Factor ETF.

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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.