CMG Capital Management Group is a pioneer in tactical investment strategies. CMG also manages some of the first tactical ETF strategies to be covered by Morningstar.
The Morningstar ETF Managed Portfolios universe encompasses 600+ strategies from 151 firms, representing $103 billion in assets.
The ETF industry is booming, reporting $1.8 trillion in assets in August 2014, up from $1.5 trillion in August, 2013 according to the Investment Company Institute.
ETF managed portfolios are investment strategies that typically have more than 50% of portfolio assets invested in exchange-traded funds and represent one of the fastest-growing segments of the managed-account universe.
Why are ETFs so popular?
Now that you asked, see Why ETFs Are So Popular (And Why You Should Use Them) from the Motley Fool.
Below, see The Growth of Exchange-Traded Funds courtesy of Kurtosys, with kind permission of the Investment Company Institute.