Editor’s Note: We messed up. Slight mistake in last month’s announcement of the 2008 Readers’ Choice Awards. We certainly want to make sure PowerShares gets its due.
Which exchange-traded funds are generating the most interest?
HONORABLE MENTION
Powershares
PowerShares is getting quite a bit of press lately with its inception of the first actively traded exchange traded fund meant to compete more directly with actively traded mutual funds. But even prior to the product announcement, the company was a hit with our readers. The potential of actively traded ETFs is still under debate, but we refer you to the convincing case made by Bruce Bond, Powershares president and CEO, in his piece entitled, “Why the world should embrace active ETFs.” It can be found in the June issue of Boomer Market Advisor or online at www.boomermarketadvisor.com.