The Next Generation ETF Student-Managed Investment Program
The Next Generation ETF Student-Managed Investment Program
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下一代 ETF 学生管理投资计划
DOI：
10.3905/jot.2018.13.1.007
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发表时间：
2017
期刊：
影响因子：
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通讯作者：
Collin R. Zucker
中科院分区：
文献类型：
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作者：
R. C. Dolan;Jerry L. Stevens;Collin R. Zucker
交易所交易基金（ETF）非常适合学生管理投资基金（SMIF）的交易。与其他形式的证券选择不同，ETF交易按资产类别、子类别、投资风格、国家、地区和行业提供有效的投资组合交易。基于全球宏观经济主题的交易ETF的学习经验通过要求应用宏观经济学，产业组织，国际经济学和计量经济学来增强经济学学生的学习经验。本文介绍了里士满大学经济和金融系实施的ETF交易计划的结构、工具和结果。虽然这个SMIF例子使用ETF基金作为本科生的学习媒介，但ETF的投资过程也非常适合小型个人投资者。
Exchange-traded funds (ETFs) are well suited for trading in student-managed investment funds (SMIFs). Unlike other forms of security selection, ETF trading provides efficient trading of portfolios by asset classes, subclasses, investment style, countries, regions, and sectors. The learning experience from trading ETFs based on global macroeconomic themes enhances the learning experience of economics students by requiring application of macroeconomics, industrial organization, international economics, and econometrics. This article presents the structure, tools, and results of an ETF trading program implemented by the economics and finance departments at the University of Richmond. Although this SMIF example uses ETF funds as a learning medium for undergraduates, the investment process with ETFs is also well suited to small individual investors.