The Financial Times Guide to Exchange Traded Funds and Index Funds - 9780273727835

A new way of trading is sweeping through the world of modern investing, cutting costs and forcing investors to really think about what they?re doing. The old style of investing using individual stocks or even active fund managers is dead. This new world is all about tracking the right index, working out the big sectors and mega-themes, increasing international diversification and making use of alternative assets.

The benchmarking titles are mainly US imports (perhaps with a small adaptation for the UK market), but this will be the first UK originated book. It brings to us a roster of fantastic authors ? David Stevenson of the FT, Matthew Vincent of the weekend FT and Stephen Barber of Selftrade.

The book is also a very detailed how-to-book, and offers readers a guarantee that they?ll achieve something:

• It will give them a detailed explanation of how to use these products, what to watch out for and the very real risks

• It will suggest some actual portfolios of mixed ETfs to start with and use for their own purposes

• It will provide a list of what the authors call the Essential top 30 ETfs and index funds at the back of the book that we think you could build a portfolio on

This is a great opportunity to publish a strong, well researched and written book which covers a subject that will affect how people invest. Like David?s colleague, Simon Thompson?s book, Trading Secrets, this book distils complex theories in a succinct user-friendly style.