The ETF Handbook: How to Value and Trade Exchange Traded Funds (Wiley Finance Series) - Tapa dura

Reseña del editor

The first technical guide to ETFs geared towards professional advisors, institutional investors, and financial professionals seeking to understand the mechanics of ETFs Author/trader Dave Abner has created The ETF Handbook as a resource for everyone utilizing these sophisticated tools. With this book as your guide, you'll learn from a professional ETF trader with practical guidance for valuation and best execution techniques. This reliable handbook skillfully touches upon the technical details of ETFs not covered elsewhere. From the mechanics of ETF development to pricing and valuation techniques, this guide provides a complete background on ETF mechanics and offers extensive insights on using them from a professional's perspective. It addresses how to position ETFs efficiently within a portfolio, and examines who ETF users are and how the funds are employed. Along the way, Abner also offers recommendations on where to find data related to these financial instruments. * Contains the technical ETF information needed by today's financial professionals * Includes pricing and valuation spreadsheets and an instructional webinar that walks you through the world of ETFs * Touches upon topics such as calculating NAV (net asset value) and best practices for executing ETF order flow Filled with in-depth insights and expert advice, The ETF Handbook contains ETF information that is critical for virtually every financial professional.

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Praise for The Etf Handbook

"If you're interested in investing through ETFs, this book is a must read. David has concisely presented and simplified the complex world of ETFs."
?William Wang, CFO, Twin Capital Management

"Dave has delivered a great resource to the investing community. It should be on the bookshelf of anyone serious about being active in the ETF marketplace."
?Craig Lifschutz, Principal, DG Capital Management

"Broad industry experiences and knowledge gained only by doing are evident in this much needed contribution. Abner dissects and reconstructs in a clear and practical manner the seemingly inaccessible inner world of ETFs, revealing 'who, what, when, where, why' and, most importantly, 'how' they work. A must have reference work, and a timely 'must read' advanced education in ETFs in one volume. I will keep my copy close at hand."
?David H. Morton, Chief Research Officer, Co-Chief Investment Officer, Foxhall Capital Management, Inc.

"Dave Abner has been a valuable resource of information and ETF insight for me throughout most of my ETF career. His in-depth knowledge and rational approach to understanding the products has helped me trade more efficiently and provide investors with more competitive pricing. Abner presents the ETF in such a way that you do not need a PhD in advanced mathematics to take away a firm understanding of ETFs and how to calculate their value. Whether you are trading baskets versus ETFs, looking to hedge a portfolio, or simply trying to understand what the ETF buzz is about, this book will provide you with the answers you need."
?Chris Hempstead, Head of ETF Trading, Cowen and Company, LLC

"Dave Abner is a human encyclopedia about ETFs and investing. It's great he finally compiled this knowledge in one place for us mere mortals."
?James Altucher, Managing Director, Formula Capital, author, Trade Like a Hedge Fund, Trade Like Warren Buffett, and SuperCash