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Leveraged Exchange-Traded Funds: A Comprehensive Guide to Structure, Pricing, and Performance
Peter Miu
€ 64.97
€ 57.41
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Description for Leveraged Exchange-Traded Funds: A Comprehensive Guide to Structure, Pricing, and Performance
Hardback. This comprehensive guide to Leveraged Exchange-Traded Funds provides high-level practitioners and researchers with a detailed reference tool for navigating the market and making informed investment decisions. Written from a measured analytical perspective, Miu and Charupat use clear and concise explanations of all important aspects of LETFs. Num Pages: 192 pages, 14 figures, 27 tables. BIC Classification: KFFM. Category: (P) Professional & Vocational. Weight in Grams: 454.
Leveraged Exchange-Traded Funds (LETFs) are publicly-traded funds that promise to provide daily returns that are in a multiple (positive or negative) of the returns on an index. To meet that promise, the funds use leverage, which is typically obtained through derivatives such as futures contracts, forward contracts, and total-return swaps. As of the end of 2012, there were over 250 LETFs in North America with total assets of approximately $32.24 billion. While the amount of assets held by these funds is still small, their popularity continues to grow as their trading volume is significantly larger and much more dynamic than ... Read more
Leveraged Exchange-Traded Funds (LETFs) are publicly-traded funds that promise to provide daily returns that are in a multiple (positive or negative) of the returns on an index. To meet that promise, the funds use leverage, which is typically obtained through derivatives such as futures contracts, forward contracts, and total-return swaps. As of the end of 2012, there were over 250 LETFs in North America with total assets of approximately $32.24 billion. While the amount of assets held by these funds is still small, their popularity continues to grow as their trading volume is significantly larger and much more dynamic than ... Read more
Product Details
Publisher
Palgrave Macmillan
Format
Hardback
Publication date
2016
Condition
New
Weight
439g
Number of Pages
176
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137478207
SKU
V9781137478207
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-10
About Peter Miu
Narat Charupat is Professor of Finance at the DeGroote School of Business, McMaster University, USA. Prior to joining academia, he worked as a financial analyst for an investment bank and risk management software company, where he conducted research into the areas of financial innovation, security designs, annuity and insurance products, arbitrage relationships, commodity investments, and behavioral finance. He is the ... Read more
Reviews for Leveraged Exchange-Traded Funds: A Comprehensive Guide to Structure, Pricing, and Performance
An essential resource for those wanting to understand the intricacies of Leveraged Exchange Traded Funds, Mssrs. Charupat and Miu offer an in-depth examination of the operations of, the mathematics behind, and the general utility of, LETFs. This book is a must-read for any industry professional who strives to comprehend exactly what makes LETFs function, and wants an excellent illustration of ... Read more