The Savvy Investor's Guide to Pooled Investments: Mutual Funds, ETFs, and More
H. Kent Baker (Kogod School of Business, American University, USA),Greg Filbeck (Sam and Irene Black School of Business, Pennsylvania State University, USA),Halil Kiymaz (Crummer Graduate School of Business, Rollins College, USA)
The Savvy Investor’s Guide to Pooled Investments: Mutual Funds, ETFs, and More
H. Kent Baker (Kogod School of Business, American University, USA),Greg Filbeck (Sam and Irene Black School of Business, Pennsylvania State University, USA),Halil Kiymaz (Crummer Graduate School of Business, Rollins College, USA)
Do you only have a relatively small amount of money to invest? Do you think this limitation give you only a few investment choices?
Well, it doesn’t.
Investing experts H. Kent Baker, Greg Filbeck, and Halil Kiymaz offer an essential guide to one of the most common ways to invest: a pooled investment vehicle (PIV). A PIV is an investment fund that commingles the monies of many different investors to buy a portfolio that reflects a particular investment objective. - By using PIVs, you gain a diversified portfolio, which once was only available to large investors.
The Savvy Investor’s Guide to Pooled Investments clearly explains the risks and advantages of investing in a PIV. This book introduces you to five PIVs - mutual funds, exchange-traded funds (ETFs), closed-end funds (CEFs), unit investment trusts (UITs), and real estate investment trusts (REITs) - with a unique Q&A format employed to delve into issues that investors want and need to know before choosing a PIV.
If you have ever felt limited by your investment choices, Baker, Filbeck, and Kiymaz explain your options to creating an investment portfolio, which is an initial step to becoming a savvy investor.
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