PT  - JOURNAL ARTICLE
AU  - Deborah Fuhr
AU  - Shane Kelly
TI  - Celebrating 10 Years of ETFs in Europe
AID  - 10.3905/jii.2010.1.1.025
DP  - 2010 May 31
TA  - The Journal of Index Investing
PG  - 25--54
VI  - 1
IP  - 1
4099  - https://pm-research.com/content/1/1/25.short
4100  - https://pm-research.com/content/1/1/25.full
AB  - This article is a comprehensive report on the history and outlook for the exchange-traded fund industry in Europe. It covers both ETFs and exchange-traded products (ETPs). ETFs are open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis, and utilize a unique creation and redemption process for primary transactions. ETPs are products that have similarities to ETFs in the way they trade and settle, but they do not use a mutual fund structure. The use by ETPs of other structures, including grantor trusts, partnerships, notes, and commodity pools, can create different tax and regulatory implications for investors when compared to ETFs.TOPICS: Exchange-traded funds and applications, developed, in markets