Diversify your investments with today's fastest growing financial product Exchange-traded funds (ETFs) offer access to a range of investments in a single trade, are usually less volatile than individual stocks, cheaper than most managed funds and more tax-effective. But how do you pick the one that's right for you? This straightforward book helps you weigh up your options, build an effective portfolio and maximise your profits. • Get to know the major players in Australia and New Zealand - find a broker, open an account and familiarise yourself with suppliers and indices • Understand risk control and diversification - learn the importance of a diversified, lowly correlated portfolio, and how ETFs can help you achieve this • Invest smartly in commodities and precious metals - tap into the returns offered by the Australian mining boom • Manage small-cap, large-cap, sector and international investments - take advantage of returns in local markets and invest directly in US-listed ETFs • Add bonds, REITs and other ETFs - secure consistent yields and add property to your investment portfolio • Work non-ETFs into your investment mix - improve returns through careful selection of active managed funds • Fund your retirement years - determine how much you need for retirement, and how ETFs can get you there Open the book and find: • Advice on choosing ETFs over options, CFDs and warrants • Sample portfolios • Tips on revamping your portfolio based on life changes • How to avoid mistakes that even experienced investors make • Forecasts for the future of ETFs in Australia and New Zealand • A complete listing of Australian and New Zealand ETFs • Great online resources to help you invest in ETFs Learn to: • Diversify your investment portfolio • Lower your investment costs and reduce your tax liabilities • Take advantage of Australia's mining boom by investing in commodities • Invest in international markets
