Description
Book SynopsisExchange-traded funds (ETFs) are revolutionizing the investment industry. From their introduction in 1993, ETFs have expanded exponentially over the past fifteen years. You, as an informed investor, need to know what makes ETFs unique, how they work, and which funds may help you achieve your financial goals.
Table of ContentsForeword ix
Acknowledgments xiii
Introduction xv
PART I ETF BASICS
Chapter 1 ETFs from Evolution to Revolution 3
Chapter 2 The Nuts and Bolts of ETFs 23
Chapter 3 Types of Exchange-Traded Portfolios 41
Chapter 4 ETF Benefits and Drawbacks 57
Chapter 5 Actively Managed ETFs 73
PART II INDEXES THAT ETFs FOLLOW
Chapter 6 Benchmark Indexes and Strategy Indexes 81
Chapter 7 Index Strategy Boxes 93
Chapter 8 Index Security Selection 107
Chapter 9 Index Security Weighting 127
PART III ETF STYLES AND CHOICES
Chapter 10 Broad U.S. Equity and Style ETFs 149
Chapter 11 Global Equity ETFs 171
Chapter 12 Industry Sector ETFs 189
Chapter 13 Special Equity ETFs 209
Chapter 14 Fixed Income ETFs 231
Chapter 15 Commodity and Currency ETFs 247
PART IV PORTFOLIO MANAGEMENT USING ETFs
Chapter 16 Portfolio Management Strategies 269
Chapter 17 Passive ETF Portfolios 277
Chapter 18 Life Cycle Investing 293
Chapter 19 Active Portfolio Management with ETFs 307
Chapter 20 Special Portfolio Strategies 325
Chapter 21 Operational Tips for ETF Investors 335
Appendix A Index Strategy Box Abbreviation Guide 347
Appendix B ETF Resource List 349
Glossary 353
Index 367
About the Author 376
