Exchange Traded Funds ETFs

Science of ETFs - December 18 2013

Course Description
Course Outline
Participants
Objectives
Schedule
Fee

In this two (2) day session, you will investigate the history of the most traded instrument at present: ETFs or Exchange Traded Funds. ETFs were created in Canada and the first one traded on the TSX in 1989.

There are a myriad of ETFs available and there is widespread misinformation and misconceptions associated with this product. In this two day course we'll review ETF structure, characteristics and creation process, the indexes on which the ETFs are based, ETF strategies, and the myths of ETF investing.

ETFs are being created every day and are attractive to investors due to their ability to be as diverse as a Mutual Fund. However, they act like a stock and can be used by investors and institutions as a method of portfolio hedging. This course will compare ETFs to other products and review tax favourability that has provided momentum in the product's growth.

All course materials are provided. Upon confirmation of registration, the student will receive a free one-year subscription to Investment Executive, Canada's Newspaper for Financial Advisors.

Note: Location of classes will be confirmed closer to the date of the course.

The instructor will be announced prior to course delivery.

This course will be of interest to persons who are:

Interested in understanding ETFs & how they differ from Mutual Funds
Interested in trading this product or adding this product to their portfolio
Interested in the strategies involved in this product

We recommend a basic knowledge of Mutual Funds and the nature of an equity stock.

Students will:

Gain an practical understanding of the composition and applications of ETFs and how they are used by the savvy investor.
Gain an understanding of the different types of ETFs, where, how and why they are traded, and which ones are most widely traded.
Gain a practical understanding of using ETF hedging models.
Understand the tax benefits of ETFs

Follow up courses

Global Securities: Trading and Settlement

Compliance

Day 1	Day 2
History and Background Understanding the ETF Structure and the different types of product Key Characteristics Differences and similarities with other financial products The creation/redemption process Market Making Liquidity ETF regulation Taxation	Advanced investment strategies Covered Call, Inverse, Swap-based and Leveraged ETFs Guidelines for Placing ETF orders The Myths of ETF Investing Replication strategies used by ETFs Exam

Course Code: OPC07-T1213

$2,275.00

Course Schedule