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The Financial Times Guide to Exchange Traded Funds and Index Funds: How to Use Tracker Funds in Your Investment Portfolio
What are Exchange Traded Funds and why are they having such an impact with investors?
How can you make ETFs work in your investment portfolio and what are the risks?
Exchange Traded Funds are an investing revolution that have challenged modern investment principles such as individual stock selection and the need to hire a fund manager. By tracking an index, focusing on themes and sectors and helping assess risk they are fast becoming a key investment vehicle.
"The Financial Times Guide to Exchange Traded Funds"is a comprehensive and authoritative introduction to this new way of running an investment portfolio. It explains what index tracking funds are, how they work, compares different fund types and provides a coherent investing master plan. Proving that the best investment strategies really are based on easy to understand principles, "The Financial Times Guide to Exchange Traded Funds"
- Shows you how to use ETFs, what to watch out for and advises on the very real risks
- Suggests actual portfolios of mixed ETFs for you to start with
- Gives you 25 essential indexes that you should be following
Exchange Traded Funds (EFTs) are a rapidly-growing investment strategy, forcing the traditional mutual funds sector on to the back foot. ETFs are not a complicated idea - it's all about tracking the right index, working out the important sectors, improving your international diversification, investigating alternative assets and assessing the risk of the fund and the underlying index.
"The Financial Times Guide to Exchange Traded Funds "covers:
A Quick Primer on the Theory
Structuring the Revolution
Investing In Commodities Using Index Funds
The Notty Gritty By ETF journalist Paul Amery
The New Fundamental Indexing Revolution by fund manager Rob Davies
On Portfolios by financial planner James Norton
Big Theme Investing And Index Funds by Dr Stephen Barber
Active Portfolios Using ETFs by analysts Tarquin Coe And Mark Glowrey
Putting It All Together
The Master Portfolios
The Essential 25
List of All London Listed Etfs
Major Index Returns
Using index tracking Exchange Traded Funds will change your investing behaviour and change it for the better.
About the authors
David Stevenson is a columnist for the "Financial Times Weekend" edition, and authors the "Adventurous Investor" section where he writes about everything from investing in Mongolia through to using ETFs in your portfolio. He's also a columnist for "the Investors Chronicle" (based around his SIPP) and before that was a columnist for "Citywire." David writes extensively about ETFs for the "FT" and has developed a series of Master Portfolios that make use of index tracking funds for the "Investors Chronicle" .
How can you make ETFs work in your investment portfolio and what are the risks?
Exchange Traded Funds are an investing revolution that have challenged modern investment principles such as individual stock selection and the need to hire a fund manager. By tracking an index, focusing on themes and sectors and helping assess risk they are fast becoming a key investment vehicle.
"The Financial Times Guide to Exchange Traded Funds"is a comprehensive and authoritative introduction to this new way of running an investment portfolio. It explains what index tracking funds are, how they work, compares different fund types and provides a coherent investing master plan. Proving that the best investment strategies really are based on easy to understand principles, "The Financial Times Guide to Exchange Traded Funds"
- Shows you how to use ETFs, what to watch out for and advises on the very real risks
- Suggests actual portfolios of mixed ETFs for you to start with
- Gives you 25 essential indexes that you should be following
Exchange Traded Funds (EFTs) are a rapidly-growing investment strategy, forcing the traditional mutual funds sector on to the back foot. ETFs are not a complicated idea - it's all about tracking the right index, working out the important sectors, improving your international diversification, investigating alternative assets and assessing the risk of the fund and the underlying index.
"The Financial Times Guide to Exchange Traded Funds "covers:
A Quick Primer on the Theory
Structuring the Revolution
Investing In Commodities Using Index Funds
The Notty Gritty By ETF journalist Paul Amery
The New Fundamental Indexing Revolution by fund manager Rob Davies
On Portfolios by financial planner James Norton
Big Theme Investing And Index Funds by Dr Stephen Barber
Active Portfolios Using ETFs by analysts Tarquin Coe And Mark Glowrey
Putting It All Together
The Master Portfolios
The Essential 25
List of All London Listed Etfs
Major Index Returns
Using index tracking Exchange Traded Funds will change your investing behaviour and change it for the better.
About the authors
David Stevenson is a columnist for the "Financial Times Weekend" edition, and authors the "Adventurous Investor" section where he writes about everything from investing in Mongolia through to using ETFs in your portfolio. He's also a columnist for "the Investors Chronicle" (based around his SIPP) and before that was a columnist for "Citywire." David writes extensively about ETFs for the "FT" and has developed a series of Master Portfolios that make use of index tracking funds for the "Investors Chronicle" .
- GenresFinance
402 pages, Paperback
First published December 21, 2009
18 people are currently reading
43 people want to read
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Displaying 1 - 4 of 4 reviews
April 26, 2018
Excellent introduction to the top of ETFs and index funds.
July 9, 2023
Superb. After reading it the first time the book becomes invaluable as a reference tool, even years later (particularly the appendix which looks at various investment ideas).
May 11, 2016
A useful read and the best book I could find on the topic coming from the perspective of a UK citizen looking to invest passively in index tracking funds/ETFs. The book gives a very detailed explanation of how these investment vehicles work, after reading this you will know more about how index funds are created and managed than most investors. At the end of the book you'll get some helpful example portfolios that you can replicate or adapt for your own investing strategy.
Beginning this book as a relative newbie to investing, I finished the book feeling about 85% ready to begin my own investing strategy based on the principles outlined. The book loses one star because I think it missed some key information that would take the reader the remaining 15% of the way. The next 15% involves finding an investment platform that suits your needs and selecting the actual funds / ETFs that track the indexes recommended in the example portfolios.
The book loses another star for being over-complicated and non-layman-friendly. Certain parts of the book were difficult to understand as a new investor and other parts felt entirely superfluous. For example, what's the point in including a very complicated chapter on active investing via technical analysis, if one of the central principles of the book and investing style is NOT to use active investing and instead favour passive investing?
Overall though, the book was solid and contained the information I needed as a UK citizen looking to get started in index tracking investments. The book has less relevance for non UK investors but I'd still recommend it to them as a good source of info on how ETFs and index funds are built and managed.
Beginning this book as a relative newbie to investing, I finished the book feeling about 85% ready to begin my own investing strategy based on the principles outlined. The book loses one star because I think it missed some key information that would take the reader the remaining 15% of the way. The next 15% involves finding an investment platform that suits your needs and selecting the actual funds / ETFs that track the indexes recommended in the example portfolios.
The book loses another star for being over-complicated and non-layman-friendly. Certain parts of the book were difficult to understand as a new investor and other parts felt entirely superfluous. For example, what's the point in including a very complicated chapter on active investing via technical analysis, if one of the central principles of the book and investing style is NOT to use active investing and instead favour passive investing?
Overall though, the book was solid and contained the information I needed as a UK citizen looking to get started in index tracking investments. The book has less relevance for non UK investors but I'd still recommend it to them as a good source of info on how ETFs and index funds are built and managed.
November 7, 2013
This is a great book for beginners to understand the basic of ETFs. In this book, an investor who's starting out on his journey will be able to find out:
a. What are ETFs and the variety of index funds available in the market
b. How to use them in their portfolios
c. Expert opinions on the above two subjects
Also, readers will be able to understand conclusively why active fund managers just ain't worth the price (I personally, am in favor of this opinion.) So yeah, it would be a great book for beginner investors.
But for investors who already understand the basic of ETFs and have some stock market knowledge, this is not a helpful book. I went into this booking looking to find a set of guidelines on how to pick the best ETF for my portfolio, but instead only found general advice that are vague and inconclusive.
And although I mentioned that this will be a great book for beginner investors, readers who are not familiar with financial jargons might take some time to plough through the book as it is filled with statistics and financial stuffs that need some time decoding. I would admit this is a personal bias - it would be better in my opinion, for the author to write this book in more layman terms.
a. What are ETFs and the variety of index funds available in the market
b. How to use them in their portfolios
c. Expert opinions on the above two subjects
Also, readers will be able to understand conclusively why active fund managers just ain't worth the price (I personally, am in favor of this opinion.) So yeah, it would be a great book for beginner investors.
But for investors who already understand the basic of ETFs and have some stock market knowledge, this is not a helpful book. I went into this booking looking to find a set of guidelines on how to pick the best ETF for my portfolio, but instead only found general advice that are vague and inconclusive.
And although I mentioned that this will be a great book for beginner investors, readers who are not familiar with financial jargons might take some time to plough through the book as it is filled with statistics and financial stuffs that need some time decoding. I would admit this is a personal bias - it would be better in my opinion, for the author to write this book in more layman terms.
Displaying 1 - 4 of 4 reviews