The Difference Between Mutual Funds and ETFs

The Difference Between Mutual Funds and ETFs

Posted: December 20th, 2011 | Author: | Filed under: Investment Planning | Tags: , , , , , , , , , , , , , , |

This is a question we get a lot here at Callahan Financial Planning, and with all the recent news and new options, I thought it would be a good topic to revisit.

As a refresher, let’s start with a quick note on what Mutual Funds are:

  • An Investment Company that invests shareholders money in a (usually) diversified portfolio of securities like individual stocks or bonds.
  • Assets are held in custody at a third-party bank, and are subject to regular inspection by the SEC in addition to any independent auditors to the bank and mutual fund. Read the rest of this entry »