ETFs Supporting Value Wait Patiently For Their Day
August 07, 2008 at 18:00 PM EDT
Value-based managers and investors of exchange traded funds (ETFs) are going through a tough time, despite claims of plentiful stock bargains. Many value funds have sharply tumbled, with Bill Miller’s Value Trust down 29.3% and Morningstar’s large-value down 17.5% this year, says Joe Morris for Ignites. Miller predicts that when the housing crisis and credit crunch [...]