Preet Banerjee (Where Does All My Money Go.com) had a great post yesterday about BMO’s plan to rename several of their index mutual funds.

BMO’s plan to me is a sneaky way to cash in on the continuing move by investors towards ETFs.  Preet makes a great point  that this will just add confusion.  Having “ETF” in the name of a mutual fund will make the simple concept of ETFs more complicated for new investors.

I encourage you to visit Preet’s blog…

Advertisements