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Posted on 26/06/04

ETFs offer a cut-rate, transparent alternative

And now for a glimpse into the mind of investment adviser Adrian Mastracci as he designs a portfolio for a typical high-net-worth client."Certainly, one could use a whole variety of mutual funds," says Mr. Mastracci, who heads Vancouver's KCM Wealth Management Inc. "But that's not the way to go because the management expense ratios on those things are too expensive. I use ETFs."

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