Indices - Module 8
Index specialist topics
Composition and rebalancing, cash-futures basis, and the wrappers compared properly - cash CFD, future, ETF - with what each costs and tracks. The depth modules 1 and 3 deliberately deferred.
9 lessons, about 72 minutes - membership content: each lesson shows its summary free
- 1How an index chooses what is in it8 min
- 2Rebalancing and reconstitution8 min
- 3The index effect, and what the evidence says8 min
- 4Free float, and why weights are not market caps7 min
- 5The cash-futures basis, properly9 min
- 6Convergence: what the basis does as expiry approaches7 min
- 7Cash CFD, future and ETF, compared properly9 min
- 8Tracking difference and tracking error8 min
- 9What an index does not measure8 min