The book “Index investing. Financial instruments of the type ETN and ETC" is now available!

The publication comprehensively discusses the idea of ​​index investing. It presents its essence, theoretical foundations, practical implications, advantages and disadvantages. It also includes an in-depth characterization of the indices whose results reflect index instruments. Much attention was devoted to the practical aspects of investing in this type of instruments. In particular, a number of tips related to both the product selection process and the company offering it were presented.

Among the index instruments, the least known are ETN and ETC instruments. They offer opportunities that index funds often cannot ETFs, but require greater knowledge and awareness of various types of risk. The book describes in detail these financial instruments and their development to date, and also describes the first ETC listed on the WSE - The Royal Mint Responsibly Sourced Physical Gold ETC created by HANetf.

Forex Club is pleased to sponsor this edition.

A comprehensive book devoted to the issues of passive investing

• What are the benefits of index investing?
• How to choose an index product and evaluate the company offering it?
• What are ETN and ETC financial instruments, and what distinguishes them from index funds and ETFs?
• What are the most important features of the indices imitated by index instruments?
• What are the most important advantages and risks of investing in ETNs and ETCs?

“The long-awaited ETF funds are already available on the WSE in many variants. What will be the next step? Tomasz Miziołek describes in detail less known instruments such as ETC and ETN. Before they become widely available on our market, it is worth understanding how they work.” - Grzegorz Zalewski

Who is Tomasz Miziołek?

Professor at the University of Lodz at the Department of Finance and International Investments. He has over 25 years of experience in academic work and cooperation with institutions of the Polish financial market. He cooperated, among others, with the Chamber of Fund and Asset Management, for which he prepared expert analyses. He conducts research on the functioning of collective investment institutions on the domestic and international financial markets, in particular investment funds and ETF funds, as well as index investing. He conducts training and seminars on the functioning of investment funds and ETF funds. Founder and editor-in-chief of etf.com.pl - the first independent information, analytical and educational website in Poland (2009) devoted to index investing.

Where to buy

The book is available in Maklerska.pl bookstore at the price of 99 PLN.

We have a discount of all for our club members -5% to buy this book. Soon, a review of the book and a competition will appear in our website, in which you'll be able to win two copies.