The New Investment Frontier III
Download or Read eBook The New Investment Frontier III PDF written by Howard J. Atkinson and published by Insomniac Press. This book was released on 2014-05-14 with total page 313 pages. Available in PDF, EPUB and Kindle.
Author | : Howard J. Atkinson |
Publisher | : Insomniac Press |
Total Pages | : 313 |
Release | : 2014-05-14 |
ISBN-10 | : 9781897415030 |
ISBN-13 | : 1897415036 |
Rating | : 4/5 (30 Downloads) |
Book Synopsis The New Investment Frontier III by : Howard J. Atkinson
Book excerpt: Exchange traded funds have been called the next generation of mutual funds. Essentially, ETFs are low cost, tax-efficient index funds that trade on a stock exchange. In 1999, there were 33 ETFs trading on North American stock exchanges with assets of US39.6 billion. Five years later, despite going through the worst equity bear market in 70 years, ETFs number over 300 and assets have soared in excess of US300 billion globally. Canada was home to the first successful ETF in the world. Now the largest Canadian ETF, the i60 Fund, is one of the most heavily traded TSX issues.