ETF Strategies and Tactics: Hedge Your Portfolio in a Changing Market (Google eBook)

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McGraw Hill Professional, Mar 24, 2008 - Business & Economics - 400 pages
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In just a decade, the exchange-traded funds (ETFs) market has grown from one billion dollars to more than half-a-trillion dollars.

While previous books have provided introductions to and listings of ETFs, ETF Strategies and Tactics offers practical guidance on how to invest in these funds and use them to balance your portfolio.

Written by a powerhouse authorial team, ETF Strategies and Tactics thoroughly covers the ins and outs of ETFs, detailing how they work, their distinctive characteristics, who trades them, who owns them, and their advantages and disadvantages compared with other investment vehicles. As markets evolve, new ETFs come and go. This authoritative reference will keep you on top of your game by providing focused decision-making techniques that help determine the viability of any ETF, including its value in sector and international investing.

While laying out a proven, systematic ETF investment plan, ETF Strategies and Tactics covers such valuable topics as:

  • ETFs vs. mutual funds
  • How ETFs are developed, what types of indexes are used, and the costs that determine returns
  • How ETF regulations can help investors spot red flags in a fund and avoid tax problems
  • The underlying tools of every ETF that can contribute to effective trading and minimized costs and taxes
  • The proper use of ETFs based on an investor's goals and his/her ability to manage risk
  • The unique short-selling opportunities associated with ETFs
  • ETF options
  • How to trade ETFs in the European market
  • Inverse ETFs that go up when the market goes down

Complete with one-on-one interviews with professionals from major ETFs, as well as a number of valuable appendixes, ETF Strategies and Tactics is a unique guide you will keep at your fingertips during your day-to-day activities.

  

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If you want a book with last year's hottest ETFs, this isn't the book for you.
If you want a quick fix that tells you what to do, how to set up a model portfolio and and go away, this
is not the
book for you.
If you want a book that helps you understand ETFs and how to use them, this is the book for you.
 

Contents

1 What Are ETFs and What Makes Them Good Investments?
1
2 ETFs Compared to Mutual Funds
11
3 How ETFs Work
47
4 ETF Regulation
61
5 ETF Indexes
77
6 The ETF Universe
89
7 Support and Resistance with Pivots
129
8 ETF Money Management
145
13 ETFs and Market Activity
183
14 Design Maintain and Manipulate Your ETF Portfolio
191
15 European ETFs
203
16 ETF Practical Applications
223
Leading ETF Providers
241
US ETFs and Trading Volume as of October 1 2007
287
SPDR Strategies
313
Web Sites
323

Securities and ETFs
153
10 ETF Arbitrage and Spreading
159
11 Options for ETFs
165
12 Evaluating ETFs
173
Endnotes
339
Bibliography
347
Index
351
Copyright

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About the author (2008)

Laurence M. Rosenberg is former chairman of the Chicago Mercantile Exchange and served on the Exchange's Board for more than 20 years. He is currently involved in international consulting through his own Chicago-based company, LRosenberg Consulting.

Neal Weintraub teaches at the Chicgo Mercantile Exchange and is director of education and strategy for World Wide Associates, Ltd.. He is the author of Tricks of the Active Trader (McGraw-Hill).

Andrew S. Hyman

is marketing director at Fiske Walter Capital Management. He also holds institutional and public seminars on exchange-traded funds.

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