Uma contribuição à diversificação internacional de portifólios: um estudo dos fundos de índice negociados em bolsa - os ETFS "Exchange Traded Funds"

AUTOR(ES)
DATA DE PUBLICAÇÃO

2008

RESUMO

The phenomenom wich narrows and puts closer international relations around the world known as globalization has reached the development of financial markets. The Exchange Traded Funds (ETFs) have also been involved on this process. Globalization has brought a wide exposure to international markets creating opportunities in several asset classes with lower costs and minimal investments, thus making ETFs an extremely attractive product. This paper intends to show how ETFs works, its creation, redemption and dealing process since such investment funds are still unknow to Brazilian investors. In addition, international portfolios will be built with ETFs indexed cross-country equity markets, the main objective is check if a Brazilian investor may optimize his portfolio comparing international portfolios built with the brazilian asset market given by the EWZ fund

ASSUNTO(S)

fundos de investimentos portfolio diversification ciencias contabeis mercado de capitais fundos de índice mutual investment funds carteiras (financas) -- administracao exchange traded fund etfs diversificação de carteiras

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