skip to content
Exchange-traded funds : investment practices and tactical approaches Preview this item
ClosePreview this item
Checking...

Exchange-traded funds : investment practices and tactical approaches

Author: A Seddik Meziani
Publisher: London : Palgrave Macmillan, 2016.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
With Exchange Traded Fund (ETF) sponsors constantly making new types of ETFs available, there is now a variety of ETFs that provide investors with an opportunity to develop diversified investment portfolios. Their sophistication has also grown to include a breed of ETFs that do not passively track the performance of an underlying index. With this assortment of newer ETFs, and more on the way, market strategists are  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: A Seddik Meziani
ISBN: 9781137390950 1137390956
OCLC Number: 953834132
Notes: Includes index.
Description: 1 online resource.
Contents: Dedication ; Foreword; Preface; Acknowledgements; Contents; List of Figures; List of Tables; 1: Evolution and Outlook of the ETF Market: From a Trickle to a Mighty Roar; Introduction; Brief Background History of ETFs; Equity Index Participations; Toronto Stock Exchange Index Participations; U.S. ETF Market; From a Trickle to a Mighty Roar; Main Characteristics of the ETF Market; The ETF Market Remains Monopolized by a Few; Assets of ETFs by Asset Category; Equity ETFs; Fixed-Income ETFs; Commodities and Real Estate ETFs; Currency and Multi-asset ETFs Assets of ETFs by Geographical Region ETF Outlook: The Economy Matters-A Lot; Summary; 2: Characteristics of Exchange-Traded Funds: Weighting Myths and Realities; Introduction; Structure of ETFs; ETFs Started as Unit Investment Trusts; Most New ETFs Are Organized as Open-End Funds; Cash Dividends Can Be Reinvested; Other Structural Nuances; Securities Lending; Physical versus Synthetic Replication; Trading ETFs; ETFs and Arbitrage; Fair Pricing and Liquidity; The Creation and Redemption Process; Liquidity Is Determined by the Transparency of the Fund ETF Liquidity and Pricing from an Academic Perspective Myths and Realities: Take a Close Look Under the Hood; ETFs Are Diversified; Pay Attention to Your Fund's Expense Ratio: Not All ETFs Are Low-Cost; Vignette 2.2: Rule 12(b)-1: A Rule Few Investors Understand; Just What Do These Fees Pay For?; How Can I Find Out the Charges and Uses at My Funds?; Are There Advantages in Having These Expenses Paid Out of Fund Assets?; Are There Disadvantages in Paying These Expenses Through 12b-1 Charges?; What's the Prognosis for SEC Action? The size of the ratio also depends on the size of the fund. Logically, the smaller the fund the larger the ratio, since the manager must cover the fund's expenses from a limited asset base. That explains why investors in SPY or IVV benefit from a mu Not All ETFs Are Tax-Efficient; Trading ETFs Results in Brokerage Fees; Dollar-Cost Averaging and ETFs; Summary; 3: Exploring the Tax Advantages of Exchange-Traded Funds; Introduction; The Rebalancing Process; ETFs as a Non-Taxing Entity; Taxable Gain at the Inception of Investment; Redemption in Stock or in Cash Tax Efficiency of Redemption Tax-Free In-kind Redemption; Tax Consequences for ETF Shareholders; ETF as a Tax Pass-Through Entity; Individual Taxpayer; Corporate Taxpayer; Summary; 4: Understanding the Complex Universe and Role of Fixed-Income Funds as Investment Vehicles; Introduction; Brief Review of the Factors Underlying Bonds' Importance; Bonds Are Effective Instruments of Diversification; Factors Weighting on Bond Performance; The Global Economy is Still on the Mend; Panic Selling Could Easily Ensue; Yet Bonds Offer Security by Reducing Portfolio Volatility
Responsibility: A. Seddik Meziani.
More information:

Abstract:

With Exchange Traded Fund (ETF) sponsors constantly making new types of ETFs available, there is now a variety of ETFs that provide investors with an opportunity to develop diversified investment portfolios. Their sophistication has also grown to include a breed of ETFs that do not passively track the performance of an underlying index. With this assortment of newer ETFs, and more on the way, market strategists are now capable of devising all-ETF portfolios based on a multitude of asset allocation schemes that respond to the need of their clients. This book provides a comprehensive overview of the changes brought about by ETFs. It describes and analyses recent changes alongside their impact on investment portfolios, and discusses the continuing success of index-based ETFs and the reasons underlying their long-lasting achievements. The book offers an objective discourse on the newly minted smart beta ETFs and some of the issues surrounding them, and provides an overview of how the increasingly widespread ETF-based portfolio hedging strategies are constructed and implemented. Paying particular attention to the importance of asset allocation and the essential role it plays in portfolio construction, this book explores the role played by ETFs in changing investors' attitudes toward home bias, covering both established and emerging frontier markets. The author leverages his extensive background to integrate best professional practices and academic rigor for an increased understanding of the ever-evolving world of ETFs.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/953834132> # Exchange-traded funds : investment practices and tactical approaches
    a schema:MediaObject, schema:CreativeWork, schema:Book ;
    library:oclcnum "953834132" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/enk> ;
    schema:about <http://dewey.info/class/332.6327/e23/> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/banks_and_banking> ; # Banks and banking
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/financial_engineering> ; # Financial engineering
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/capital_investments> ; # Capital investments
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/finance_personal> ; # Finance, Personal
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/securities> ; # Securities
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/investment_banking> ; # Investment banking
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/finance> ; # Finance
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/business_&_economics_finance> ; # BUSINESS & ECONOMICS / Finance
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/exchange_traded_funds> ; # Exchange traded funds
    schema:about <http://experiment.worldcat.org/entity/work/data/3779134212#Topic/corporations_finance> ; # Corporations--Finance
    schema:about <http://dewey.info/class/658.15/e23/> ;
    schema:author <http://experiment.worldcat.org/entity/work/data/3779134212#Person/meziani_a_seddik> ; # A. Seddik Meziani
    schema:bookFormat schema:EBook ;
    schema:datePublished "2016" ;
    schema:description "With Exchange Traded Fund (ETF) sponsors constantly making new types of ETFs available, there is now a variety of ETFs that provide investors with an opportunity to develop diversified investment portfolios. Their sophistication has also grown to include a breed of ETFs that do not passively track the performance of an underlying index. With this assortment of newer ETFs, and more on the way, market strategists are now capable of devising all-ETF portfolios based on a multitude of asset allocation schemes that respond to the need of their clients. This book provides a comprehensive overview of the changes brought about by ETFs. It describes and analyses recent changes alongside their impact on investment portfolios, and discusses the continuing success of index-based ETFs and the reasons underlying their long-lasting achievements. The book offers an objective discourse on the newly minted smart beta ETFs and some of the issues surrounding them, and provides an overview of how the increasingly widespread ETF-based portfolio hedging strategies are constructed and implemented. Paying particular attention to the importance of asset allocation and the essential role it plays in portfolio construction, this book explores the role played by ETFs in changing investors' attitudes toward home bias, covering both established and emerging frontier markets. The author leverages his extensive background to integrate best professional practices and academic rigor for an increased understanding of the ever-evolving world of ETFs."@en ;
    schema:description "Dedication ; Foreword; Preface; Acknowledgements; Contents; List of Figures; List of Tables; 1: Evolution and Outlook of the ETF Market: From a Trickle to a Mighty Roar; Introduction; Brief Background History of ETFs; Equity Index Participations; Toronto Stock Exchange Index Participations; U.S. ETF Market; From a Trickle to a Mighty Roar; Main Characteristics of the ETF Market; The ETF Market Remains Monopolized by a Few; Assets of ETFs by Asset Category; Equity ETFs; Fixed-Income ETFs; Commodities and Real Estate ETFs; Currency and Multi-asset ETFs"@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/3779134212> ;
    schema:genre "Electronic books"@en ;
    schema:inLanguage "en" ;
    schema:name "Exchange-traded funds : investment practices and tactical approaches"@en ;
    schema:productID "953834132" ;
    schema:url <http://public.eblib.com/choice/PublicFullRecord.aspx?p=4719969> ;
    schema:url <http://dx.doi.org/10.1057/978-1-137-39095-0> ;
    schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1214285> ;
    schema:workExample <http://worldcat.org/isbn/9781137390950> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/953834132> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/3779134212#Person/meziani_a_seddik> # A. Seddik Meziani
    a schema:Person ;
    schema:familyName "Meziani" ;
    schema:givenName "A. Seddik" ;
    schema:name "A. Seddik Meziani" ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/banks_and_banking> # Banks and banking
    a schema:Intangible ;
    schema:name "Banks and banking"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/business_&_economics_finance> # BUSINESS & ECONOMICS / Finance
    a schema:Intangible ;
    schema:name "BUSINESS & ECONOMICS / Finance"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/capital_investments> # Capital investments
    a schema:Intangible ;
    schema:name "Capital investments"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/corporations_finance> # Corporations--Finance
    a schema:Intangible ;
    schema:name "Corporations--Finance"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/exchange_traded_funds> # Exchange traded funds
    a schema:Intangible ;
    schema:name "Exchange traded funds"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/finance_personal> # Finance, Personal
    a schema:Intangible ;
    schema:name "Finance, Personal"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/financial_engineering> # Financial engineering
    a schema:Intangible ;
    schema:name "Financial engineering"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/3779134212#Topic/investment_banking> # Investment banking
    a schema:Intangible ;
    schema:name "Investment banking"@en ;
    .

<http://worldcat.org/isbn/9781137390950>
    a schema:ProductModel ;
    schema:isbn "1137390956" ;
    schema:isbn "9781137390950" ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.