Investors today are presented with a vast
array of fresh opportunities — opportunities that
come packaged in a host of unique and innovative ways.
Public investment products, such as Exchange Traded Funds
(ETFs), Closed-End Funds, Structured Notes, Investment
Certificates, Financial Futures and Index Options often
enable investors to target specific investment themes
and access efficient pricing. Many of these products
are traded on stock exchanges and are available through
instantaneous online trading systems.
ETFs in particular provide clear evidence of the vitality
of these types of products. Over the past ten years,
this product class has grown from a few isolated securities
holding little more than one billion dollars to a new
industry of over 250 securities holding assets approaching
nearly 500 billion dollars. With ongoing changes in market
structure and growing awareness of the efficiencies these
products offer, growth is expected to accelerate in the
years ahead. PIN has scheduled a number of Product
Workshops in the US and Europe commencing in September to help
expand awareness and understanding of these product structures
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