An analysis of exchange-traded funds development in the United States

By: Call Number: AIT RSPR no.SM-07-86 Contributor(s): Material type: SeriesSeries: Asian Institute of Technology. Research studies project report ; no. SM-07-86Publication details: Pathum Thani, Thailand : Asian Institute of Technology, 2007Description: 40 leaves : illSubject(s): Online resources: Dissertation note: Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2007 Summary: The report attempts to define and to explain the reason for the development of Exchange Traded Funds (ETFs) in the United States over these last years. Data used for the study is collected through Investment Companies Institute, market quotations' providers and several websites and books dedicated to finance. The significant finding from the analysis shows that investors have a growing interest in index trackers, and that ETFs benefit abundantly from that market trend. Their easiness to be purchased and hold and their low expense ratios justify partly their success. The diversity of available underlying indices is important, covering domestic and international equities from all industries, but also bonds and commodities. ETFs creation and redemption process is innovative, to what extent it is based on securities swap and not on purchases. However, this innovation does not allow them to be systematically more cost effective than some mutual funds.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Cover image Item type Current library Home library Collection Shelving location Call number Materials specified Vol info URL Copy number Status Notes Date due Barcode Item holds Item hold queue priority Course reserves
22-AIT Thesis (Replacement) Asian Institute of Technology Library AIT Publications AIT RSPR no.SM-07-86 (Browse shelf(Opens below)) 3 Available 30050120025712
40-Archives Asian Institute of Technology Library Archives AIT RSPR no.SM-07-86 (Browse shelf(Opens below)) Available 30050120360655

A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration in International Business

Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2007

The report attempts to define and to explain the reason for the development of Exchange Traded Funds (ETFs) in the United States over these last years. Data used for the study is collected through Investment Companies Institute, market quotations' providers and several websites and books dedicated to finance. The significant finding from the analysis shows that investors have a growing interest in index trackers, and that ETFs benefit abundantly from that market trend. Their easiness to be purchased and hold and their low expense ratios justify partly their success. The diversity of available underlying indices is important, covering domestic and international equities from all industries, but also bonds and commodities. ETFs creation and redemption process is innovative, to what extent it is based on securities swap and not on purchases. However, this innovation does not allow them to be systematically more cost effective than some mutual funds.

There are no comments on this title.

to post a comment.
คัดลอกแล้ว!