The Exchange-Traded Funds Manual, Second Edition

Acknowledgments

No one can write a book of this nature and complexity without a great deal of help and support. I have had a lot of both from a number of terrific people. Conversations with and suggestions from a large number of friends have contributed directly to the current volume and to my understanding of ETFs over the years.

I owe special thanks to Seth Varnhagen and Edward Hynes for extensive comments on the manuscript from their viewpoint as advisors who examine ETFs as possible candidates for their clients’ portfolios. Ron DeLegge, Dan Dolan, Matt Hougan, Todd Broms, Richard Keary, Jim Wiandt, and Michael Dickerson also gave me useful comments and suggestions from a number of perspectives. Richard Shapiro has shared his insights into the U.S. tax code with me for many years, first on options and now on ETFs. His analysis has always been well-reasoned and his comments have always been sound.

A large number of friends contributed information and understanding on one or more key topics. Among these are Jim Angel, Heather Bell, Rebecca Cameron, Don Cassidy, Don Chance, Roger Edelen, Gary Eisenreich, Frank Fabozzi, Ben Fulton, Debra Fuhr, Martin Gruber, Richard Harper, John Haslem, Dodd Kittsley, Mark Kritzman, Craig Lazarra, Michael Lipper, Steven Lotz, Burton Malkiel, Albert Mandansky, Dan McCabe, Kevin McNally, Richard Michaud, Kathleen Moriarty, Nathan Most, James Novakoff, Antti Petajisto, Jim Ross, Vijay Singal, Robert Tull, Wayne Wagner, and Clifford Weber.

My daughters, ...