ETF Strategies and Tactics

[Rosenberg_ETF Strategies and Tactics 007149734X; 9780071497343 ][back cover] The first hands-on guide to tapping into the $335 billion ETF market ETF Strategies and Tactics is an unprecedented guidebook covering the mechanics of ETFs, complete with approaches and techniques for hedging positions, preserving capital, and protecting assets from market volatility. There is no clearer or more practical resource for learning how use ETFs to hedge risk at low-cost than this profit-generating, one-stop resource. Led by former chairman of the Chicago Mercantile Exchange, Laurence Rosenberg, the expert team of authors behind ETF Strategies and Tactics share valuable insight into: How ETFs work Unique characteristics of ETFs The people who trade ETFs The types of investors who own ETFs Advantages and disadvantages of ETFs After providing such basics as how ETFs are developed, what types of indices are used, and the costs that determine returns, the authors arm you with the critical tools and information that will prove invaluable in day-to-day investing. [flap] From 1996 to 2006, the exchange-traded funds (ETFs) market has grown from $1 billion to more than $335 billion. While previous books have given an introduction to and listings of ETFs, ETF Strategies and Tactics is the first book to provide practical guidance on how to invest in ETFs and use them to balance a 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 to other investment vehicles. This authoritative book also keeps you on top of your game as the market evolves and new ETFs come and go 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 indices 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 And much more Complete with one-on-one interviews with professionals from major ETFs, as well as a number of valuable appendices, ETF Strategies and Tactics is a unique guide you will keep at your fingertips during your day-to-day activities. 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 Chicago 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.Rosenberg, Laurence is the author of 'ETF Strategies and Tactics' with ISBN 9780071497343 and ISBN 007149734X.