Savers increasingly favor investments that closely imitate diversified investments in the direct securities markets over the transformed financial claims offered by traditional FIs.

Question

Quizplus · Accepted Answer

Savers are preferring investments that closely replicate diversified investments in the direct securities markets, such as exchange-traded funds (ETFs) and index funds, over traditional financial institution (FI) offerings. This trend is due to the lower fees and higher transparency associated with these types of investments.

Savers Increasingly Favor Investments That Closely Imitate Diversified Investments in the Direct