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An 'ETF-only' approach

Jun 14 2012  Alan Miller, co-founder and chief investment officer of SCM Private, explains why constructing a portfolio entirely from exchange traded funds makes good sense. He points out that costs are dramatically reduced along with the risks associated with active management. He says he expects Europe to follow the US where there are many companies offering the same sort of service as SCM Private.  (4m 38sec)
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