Exchange Traded Funds (ETF's) are a relatively new open- ended
investment vehicle. Launched in 1993, their appeal as an important
and unique financial product has compelled institutional and retail
investors to look anew at their almost endless possibilities. This
has led to their dramatic expansion. Meziani draws from his
academic and corporate expertise to straddle both theory and
practice. Using this book, practitioners, academics and students
alike will find a thorough explanation of the theoretical ideas
underlying ETF's, along with their detailed analysis, communicated
in practical and clear terms.
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