1.

Record Nr.

UNINA9910254885003321

Autore

Meziani A. Seddik

Titolo

Exchange-Traded Funds : Investment Practices and Tactical Approaches / / by A. Seddik Meziani

Pubbl/distr/stampa

London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016

ISBN

1-137-39095-6

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (XXVI, 406 p. 23 illus., 20 illus. in color.)

Disciplina

658.15

Soggetti

Corporations—Finance

Financial engineering

Investment banking

Securities

Banks and banking

Capital investments

Personal finance

Pension plans

Corporate Finance

Financial Engineering

Investments and Securities

Banking

Investment Appraisal

Personal Finance/Wealth Management/Pension Planning

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Evolution and outlook of the ETF market : from a trickle to a mighty roar -- Characteristics of exchange-traded funds : weighting myths and realities -- Exploring the tax advantages of exchange-traded funds -- Understanding the complex universe and role of fixed-income funds as investment vehicles -- Jumping on the bond ETF wagon -- Smart-beta ETFs : market growth and performance trends -- Managing volatility risk with minimum-volatility ETFs -- Finding value in environmental, social, and governance ETFs -- Sailing away with



emerging markets ETFs -- The frontier markets story : adapting to a new landscape -- Active ETFs : to be or not to be?  -- Building fresh tax-advantaged investment strategies with ETFs -- The long and short of ETFs -- Other ETF investment strategies and applications -- Investment strategies using options on ETFs.

Sommario/riassunto

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.