"Exchange-Traded Funds (ETFs) are the dominant investment vehicle of our time, and with more liquidity, better tax efficiency and lower costs than traditional mutual funds, they’re clearly the investment vehicle of the future. But managing an ETF is a completely different process than managing a mutual fund, 401(k) program, or private portfolio of assets—and understanding all the ins and outs will make the difference between success and failure.

The Complete Guide to ETF Portfolio Management is the go-to guide for managing ETFs. One of today’s top global experts on the subject, Scott Weiner walks you through the life of an ETF—from launch to closure—from the perspective of a portfolio manager. Emphasizing pragmatism over theory, The Complete Guide to ETF Portfolio Management covers:

The ETF Industry—regulatory frameworks, the ETF ecosystem, and organizations driving the industry

Passive ETFs—the indexing process, including a hypothetical index used throughout the book to illustrate successful management methods

Launching an ETF—methods for seeding the fund at inception and how the primary market plays a critical role in portfolio management

Three T’s and Three C’s—how tracking error, transaction costs, taxes, cash, corporate actions, and custom in-kind baskets affect ETF portfolio management

Expanding the Product Set—international, actively managed, and fixed-income ETFs, and leveraged and inverse products

Navigating Volatility—winning methods for managing ETF though market turbulence and using representative sampling for hard-to-track indices
 

With The Complete Guide to ETF Portfolio Management, you have everything you need to launch and manage any ETF portfolio like a seasoned pro."