02696nas a2200373 a 4500 20260817162338.0 090124s2007 th uu|m rtt 0| a1eng d .b12046942 AIT RSPR no.SM-07-86 Philippaerts, Benjamin An analysis of exchange-traded funds development in the United States Pathum Thani, Thailand : Asian Institute of Technology, 2007 40 leaves : ill. Research studies project report ; no. SM-07-86 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. Exchange traded funds United States Tang, John C.S., Chairperson Sununta Siengthai, Examination Committee Dimmitt, Nicholas J., Examination Committee Asian Institute of Technology. Research studies project report ; no. SM-07-86 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B10556 .b12046942 mnait u 240403 0 090124 m a u 3 mnait mnarc 22 40 Barcode : 30050120025712 CREATED : 2012-02-11 RECORD # : i12713715 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 Barcode : 30050120360655 CREATED : 2016-03-06 RECORD # : i13015096 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 4741 4741 0 0 0 0 MAIN MAIN mnait 2026-08-17 0 AIT RSPR no.SM-07-86 30050120025712 2026-08-17 16:23:38 3 2026-08-17 22 0 0 0 0 MAIN MAIN mnarc 2026-08-17 0 AIT RSPR no.SM-07-86 30050120360655 2026-08-17 16:23:38 2026-08-17 40