The Financial Times guide to exchange traded funds and index funds : how to use tracker funds in your investment portfolio /: how to use tracker funds in your investment portfolio. (2012)

• Record Type: Book
• Other Titles: Exchange traded funds and index funds
• Further Information: Note: David Stevenson.
• Other Names: Stevenson, David
• Contents: INTRODUCTION – By Matthew Vincent, FT CHAPTER 1 – Investing 2.0 The Revolution Begins · Decline of the stockpicker and now the decline of active fund manager · Need to emphasize cost in this low return world · Investors waking to the reality that they have to diversify especially after bear markets · The rise of asset class investing, related to but separate from ETfs and index funds · The rise of the dreaded term beta… CHAPTER 2 – A BIT OF THEORY Where it all came from academically. The academic revolt The efficient markets theory The fundamentalists wade in The first ETF structures and index funds. The legendary John Bogle and the Vanguard Phenomena CHAPTER 3 – WHAT ARE INDEX OR TRACKER FUNDS? Index mutual funds and how they developed from these into these… Exchange Traded funds, US Style European ETFs – the rise of the swap ETNs in the US and certificates in Europe ETCs (commodities) and synthetic ETFs The mechanics – full replication, partial replication, fully synthetic replication Comparing ETFs vs traditional mutual funds vs index mutual funds Advantages of different structures and the regulatory structure New innovations – inverse ETFs, multi-ETF portfolios, actively managed ETFs CHAPTER 4 – THE FIDDLY DETAIL….RISKS, CAVAETS and the INIDICES What to watch out for – premiums/discounts, tax complications, tracking error, charging (some are expensive – the 1% rule) Counter Party Risk Why the index matters – not all indices created equally. Some are too concentrated, carry currency risks, aren't very liquid, and some are just pointless CHAPTER 5 – THE RISE OF THE FUNDAMENTALISTS Guest writer – Rob Davies, fund manager of the Munro Fund, a fundamental index fund The academic theory surrounding fundamental indexing Does it work ? The results so far How to implement it via a fund – black boxes, dividends and the measures used Will it work in the future – might value investing be dead ? CHAPTER 6 – BIG THEME INVESTING AND INDEX FUNDS Guest Writer – Stephen Barber, Head of Research at Selftrade Momentum investing works and particularly a focus on big themes, big structural changes Emerging Markets Alternative Assets New Energy and Green markets Infrastructure and utilities Commodities CHAPTER 7 – RUNNING A PORTFOLIO : SOME BASICS Guest Writer – James Norton, Head of investment at Evolve Financial Planning A passive portfolio – why it matters vs Active Buy and Hold Asset Allocation explained – correlation and diversification Inflation Income investing Long Term returns ? The GlidePath CHAPTER 8 – ACTIVE PORTFOLIOS USING ETFS Guest Writer – Mark Glowrey, Investors Intelligence How to combine ETFs into an active portfolio using technical analysis The measures sued Running the portfolio CHAPTER 9 – PUTTING IT ALL TOGETHER INTO A PORTFOLIO THAT WORKS FOR YOU ! Asset Class Investing Value vs Growth vs Momentum – all work but difficult to capture these strategies Importance of international diversification Lazy Portfolios and why they're so useful The idea behind building your own MASTER PORTFOLIOS Lifeycle Investing Our MASTER PORTFOLIOS – the assumpti.
• Edition: 2nd ed
• Publisher Details: Harlow : FT Publishing International
• Publication Date: 2012
• Copyright Date: 2013
• Extent: 1 online resource
• Subjects: 332.6327; Exchange traded funds; Index mutual funds
• Languages: English
• ISBNs: 9780273769422; 0273769421
• Related ISBNs: 9780273769408
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.