8
Big theme investing and index funds
The enthusiasm surrounding the development of index tracking funds should not blind us to the fact they are not an end in themselves – they are simply tools, cheap, efficient tools nevertheless, that aid us in building better portfolios.
The huge choice of index funds does provide us with one unique advantage, however – pretty much every big idea or theme that is prevalent in investment can be accessed by investing in some sort of index tracker, be it an ETF, an ETC or a structured product with a tracker in-built.
We should, rightly, be concerned with how index funds are constructed and why they might be a better structure, but a detailed examination of index funds should not ignore much more important ...
Get FT Guide to Exchange Traded Funds and Index Funds, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
