In Brief: Jun. 5, 2000

FRESH FUNDS If you like to be in on the latest fashion in investing, then take a look at exchange-traded funds (ETFs). These are mutual funds that trade on stock exchanges and track such stock indexes as the NASDAQ. Although ETFs have been around, bigger fund companies such as Barclays Global Investors and Vanguard Group are rolling out new families of them. They differ from mutual funds in that they can be traded throughout the day, the way stocks are. ETFs tend to have lower expense ratios and are usually more tax efficient.

Expense ETFs Ratio

S&P's Depositary .12% NASDAQ 100...

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