Episode 71 - ETFs and authorized participants and net asset values oh my.

Exchange Traded Funds or ETFs as they are commonly referred to sit in the portfolios of millions of Americans today. In recent years they have gained market share over Mutual Funds because they offer tax efficiency over Mutual Funds in the same asset categories. Do you know why that is? Also, do you really know what is going on under the hood with your favorite ETF?

In this episode we dive into ETFs and cover:

• What are ETFs?

• How do ETFs work?

• What is an authorized participant and are they good for us?

• Why are ETFs tax efficient?

Just like the old adage you are what you eat, your portfolio is what you put in it. If you have ETFs in your portfolio then you owe it to your hard earned dollars to understand what those things are, how they work and how they are different from other options.