Exchange Traded Funds (ETF's) are a relatively new open- ended
investment vehicle. Launched in 1993, their appeal as an important and
unique financial product has compelled institutional and retail
investors to look anew at their almost endless possibilities. This has
led to their dramatic expansion. Meziani draws from his academic and
corporate expertise to straddle both theory and practice. Using this
book, practitioners, academics and students alike will find a thorough
explanation of the theoretical ideas underlying ETF's, along with their
detailed analysis, communicated in practical and clear terms.