Diversify your investments with today's fastest growing financial product Exchange-traded funds (ETFs) offer access to a range of investments in a single trade, are usually less volatile than individual stocks, cheaper than most managed funds and more tax-effective. But how do you pick the one that's right for you? This straightforward book helps you weigh up your options, build an effective portfolio and maximise your profits.



Get to know the major players in Australia and New Zealand - find a broker, open an account and familiarise yourself with suppliers and indices


Understand risk control and diversification - learn the importance of a diversified, lowly correlated portfolio, and how ETFs can help you achieve this


Invest smartly in commodities and precious metals - tap into the returns offered by the Australian mining boom


Manage small-cap, large-cap, sector and international investments - take advantage of returns in local markets and invest directly in US-listed ETFs


Add bonds, REITs and other ETFs - secure consistent yields and add property to your investment portfolio


Work non-ETFs into your investment mix - improve returns through careful selection of active managed funds


Fund your retirement years - determine how much you need for retirement, and how ETFs can get you there



Open the book and find:



Advice on choosing ETFs over options, CFDs and warrants


Sample portfolios


Tips on revamping your portfolio based on life changes


How to avoid mistakes that even experienced investors make


Forecasts for the future of ETFs in Australia and New Zealand


A complete listing of Australian and New Zealand ETFs


Great online resources to help you invest in ETFs



Learn to:



Diversify your investment portfolio


Lower your investment costs and reduce your tax liabilities


Take advantage of Australia's mining boom by investing in commodities


Invest in international markets