The course · Rubric 5 of 18

ETFs & Funds

How funds and ETFs are built, what they cost and where the traps are.

3 chapters · 13 lessons · 13 ready to read

Chapters

  1. 01Basics

    1. 1.1 What is a fund? Beginner 5 min
    2. 1.2 What is an ETF? Beginner 5 min
    3. 1.3 Active vs. passive Beginner 4 min
    4. 1.4 Costs: TER and tracking difference Intermediate 4 min
    5. 1.5 Cost averaging: the maths, not the myth Intermediate 4 min

  2. 02ETF mechanics

    1. 2.1 Replication: physical, sampling, synthetic Intermediate 4 min
    2. 2.2 Distributing vs. accumulating Beginner 4 min
    3. 2.3 Fund domicile and withholding tax as a principle Pro 4 min
    4. 2.4 Liquidity and spreads in ETFs Intermediate 4 min

  3. 03ETF types

    1. 3.1 Equity, bond and commodity ETPs (ETF, ETC, ETN) Intermediate 4 min
    2. 3.2 Factor and smart-beta ETFs Pro 4 min
    3. 3.3 Thematic ETFs: opportunities and traps Intermediate 4 min
    4. 3.4 Leveraged and inverse ETFs: the path effect Pro 4 min