Published on 9 May 2024 on Zacks via Yahoo Finance
If you're interested in broad exposure to the Utilities - Infrastructure segment of the equity market, look no further than the Global X U.S. Infrastructure Development ETF (PAVE), a passively managed exchange traded fund launched on 03/06/2017.
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.