文档介绍：Elisabeth Hehn
Editor
Exchange
Traded Funds
Structure, Regulation and Application
of a New Fund Class
With 44 Figures and 70 Tables
12
Dr. Elisabeth Hehn
Eichhofweg 1
6318 Walchwil
Switzerland
info@
Cataloging-in-Publication Data
Library of Congress Control Number: 2005924632
ISBN 3-540-24124-8 Springer Berlin Heidelberg New York
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Preface
anization of traditional mutual funds as Exchange Traded Funds
(ETFs) produced revolutionary changes in the fund industry. These
changes, and the subsequent events to which they led, have greatly in-
creased the practical way of trading funds. Traditional mutual fund mar-
kets were fragmented, and transactions were both costly and from time to
time difficult to arrange. Investments in emerging markets for example
were anything but efficient. As a consequence of establishing ETF funds
market segments, the efficiency of transact