This eCourse covers the fundamentals of exchange-traded funds (ETFs), beginning with the unusual way that these securities are constructed (and redeemed) and the key players involved in that process. The tutorial also covers topics such as ETF pricing, trading, investment strategies, and market development. The attractions of ETFs for investors are also described, as well as how they compare with other investment vehicles such as mutual funds.
On completion of this tutorial, you will be able to:
- Recognize the basics of ETFs, including how they are created, traded, and redeemed
- Identify the key features of ETFs that makes them such an attractive investment vehicle for many investors
- Recall the evolution of the ETF market and its development worldwide
Topic 1: Overview of ETFs
Topic 2: Features of ETFs