Diversify your investments with today's fastest growingfinancial product Exchange-traded funds (ETFs) offer access to a range ofinvestments in a single trade, are usually less volatile thanindividual stocks, cheaper than most managed funds and moretax-effective. But how do you pick the one that's right for you?This straightforward book helps you weigh up your options, build aneffective portfolio and maximise your profits.Get to know the major players in Australia and New Zealand— find a broker, open an account and familiarise yourselfwith suppliers and indicesUnderstand risk control and diversification — learn theimportance of a diversified, lowly correlated portfolio, and howETFs can help you achieve thisInvest smartly in commodities and precious metals — tapinto the returns offered by the Australian mining boomManage small-cap, large-cap, sector and internationalinvestments — take advantage of returns in local markets andinvest directly in US-listed ETFsAdd bonds, REITs and other ETFs — secure consistent yieldsand add property to your investment portfolioWork non-ETFs into your investment mix — improve returnsthrough careful selection of active managed fundsFund your retirement years — determine how much you needfor retirement, and how ETFs can get you thereOpen the book and find:Advice on choosing ETFs over options, CFDs and warrantsSample portfoliosTips on revamping your portfolio based on life changesHow to avoid mistakes that even experienced investors makeForecasts for the future of ETFs in Australia and NewZealandA complete listing of Australian and New Zealand ETFsGreat online resources to help you invest in ETFsLearn to:Diversify your investment portfolioLower your investment costs and reduce your tax liabilitiesTake advantage of Australia's mining boom by investing incommoditiesInvest in international markets.