%0 Journal Article %A Brian J. Henderson %A Gerald W. Buetow %A Wendy Connett %T Practical Applications of Are Flows Costly to ETF Investors? %D 2014 %R 10.3905/pa.2014.2.2.074 %J Practical Applications %P 1-4 %V 2 %N 2 %X Are Flows Costly to ETF Investors? Brian J. Henderson Gerald W. Buetow As ETFs evolve to include more exotic products, cash creation and redemption is becoming a more common strategy for investors to gain exposure to less-liquid, difficult-to-trade assets, particularly in emerging markets. In Are Flows Costly to ETF Investors? , Gerald Buetow and Brian J. Henderson examine whether or not cash creations and redemptions are costly to investors. Buetow is Chief Investment Officer at Innealta Capital , in Charlottesville, Virginia, and Henderson is an Assistant Professor of finance at the George Washington University , in Washington, DC. “The idea was that, if we are going to incorporate these exposures into our various strategies, then we should be able to understand the implicit cost of the exposures, ” Buetow explains. “This research attempts to better quantify those costs. ”TOPICS: Exchange-traded funds and applications, exchanges/markets/clearinghouses, in markets %U https://pa.pm-research.com/content/iijpracapp/2/2/1.9.full.pdf