ETF boom: Thematic ETFs boom, drawing punters and concern
Synopsis While Reddit "gamestonks" have grabbed recent headlines, retail investors are also credited with large flows into exchange-traded funds - basically a tradable basket of shares - swelling their assets by more than $1 trillion last year, according to Refinitiv. Reuters And growth has been especially notable in ETFs that aim to harness returns from themes that capitalise on societal and economic trends, from space travel to pet care, and marijuana to medical tech. LONDON: From cat food to cannabis, it's boom time for quirky ETFs offering the chance to punt on niche themes in fast-growth...
Source: indiatimes.com