But much has changed-in both the ETF marketplace and the general investment environment-since that time. That is why Gastineau has filled this Second Edition of The Exchange-Traded Funds Manual with new insights and expert advice. This new edition provides comprehensive coverage of the latest ETF offerings, evaluation techniques, regulatory and tax changes, and trading cost reduction methods.

Page by page, this reliable resource offers a realistic evaluation of today's index ETFs; valuable insights on actively managed ETFs and new, improved index funds; as well as guidance in fund and advisor selection. Gastineau skillfully addresses these essential issues, as well as:

• The historic and continuing development of ETFs and how they stack up against other financial products that compete with them

• How to understand ETF applications as an individual investor or advisor and incorporate them into an effective investment plan

• The tax treatment of investment company ETFs and other exchange-traded instruments

• Fund ratings and the evaluation of ETFs

• The best ways to minimize the cost of trading ETFs

• And much more

Exchange-traded funds offer diversification and opportunities to participate in market segments and investment strategies that have not been available to most investors. If you want to make ETFs a productive part of your portfolio, the Second Edition of The Exchanged-Traded Funds Manual will show you how.