Abstract
By all accounts, the first and still largest ETF, the SPDR (which tracks the S&P 500 and is referred to as the “Spider”) was launched by State Street Global Advisors in 1993. There were a few earlier funds, but State Street’s was the first commercially viable launch and remains the largest ETF with over $365 billion in assets. Pattie Dunn, the first woman to serve as CEO of a large investment management investment company in the United States was responsible for creating the first ETF franchise—the iShares. As CEO of Barclays Global Investors (formerly Wells Fargo Investment Advisors) Dunn, in 1996, took the industry lead launching the iShares family of ETFs.
To Crypto or not to Crypto and what the heck are meme stocks?
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Notes
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Ellis, Charles D., CFA. (May-June2012) “Investment Management Fees Are (Much) Higher Than You Think.” Financial Analysts Journal, 68 (3), 4–6.
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Kinnel, Russel. (August 2010) “How Expense Ratios and Star Ratings Predict Success.” Morningstar Fund Investor, 18(12), 1–5.
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Kinnel, Russel.
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Tengler, N. (2023). Mutual Funds Are So 1990, How to Use Exchange-Traded Funds to Round Out Your Portfolio Holdings. To Crypto or Not to Crypto and What the Heck are Meme Stocks?. In: The Women's Guide to Successful Investing. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-38373-1_9
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