Investing with ETFs

INTRODUCTION

Despite being around just a couple of decades ago, ETFs are one of the fastest-growing segments of the investment management business. This course aims to enhance the understanding of the readers in the area of investing with ETFs.

This e-training programme comprises 6 modules and an assessment. Answer all quiz questions at the end of each tutorial in order to complete the training.

COURSE DURATION

1.5 hours

COURSE OBJECTIVES

Know the two main categories of ETFs
Understand the benefits of investing using ETFs
Understand how creation/redemption mechanism works in ETFs
Appreciate how fair value is derived for ETFs
Understand how equity ETFs are created
Appreciate the various critical issues inherent in bond ETFs
Know the working of commodity ETFs
Have a broad understanding of the new-new area of alternative ETFs
Know some of the critical issues associated with inverse and leveraged ETFs
Understand the various strategies of using ETFs in portfolio management

COURSE OUTLINE

Module 1: Introduction

Market Access or Outperformance

Module 2: Benefits of Investing Via ETFs

Low Costs
Liquidity
Transparency
Access
Tax Efficiency

Module 3: How ETFs Work

Creation/Redemption Process
How Fair Value Is Assessed

Module 4: Equity ETFs

How Does an ETF Select the Stocks Included in the Fund?
How Does the ETF Weigh Those Stocks Once They Are on the List?
International Equities

Module 5: Bond ETFs

Credit Quality
Duration and Maturity
Currency and Country Risk
Bond ETFs are Not Bonds
Tracking Error
Price Discovery

Module 6: Commodity ETFs

Components of Futures-Based ETF Returns
The Challenge of Commodities Indexing

Module 7: Alternatives ETFs

Absolute Return ETFs
Volatility ETFs

Module 8: Leveraged and Inverse ETF

Swap-Based vs. Futures-Based
Applications of Leveraged ETFs

Module 9: ETF Strategies in Portfolio Management

ETFs in Strategic Portfolio
Tactical Adjustments Using ETFs
Factor-Based Investing with ETFs
Thematic Exposures Using ETFs
ETF Option Strategies

Assessment

IBF-FTS Funding

The Financial Training Scheme (“FTS”) provides funding for financial sector-specific training programmes which are recognized under FTS. This scheme is only eligible for company-sponsored participants who are Singapore Citizens or Singapore Permanent Residents, physically based in Singapore, and who have successfully completed a FTS programme. Financial Institutions (MAS licensed or exempt entities), involved in or supporting financial sector activities, are eligible to submit claims for company-sponsored participants.

For all FTS programmes commencing on or after 8 April 2020 to 31 December 2021, MAS will enhance course fee subsidies for locals attending accredited or recognised courses up to 90% co-funding of direct training costs, subject to existing grant caps of S$2,000 per programme.

For more information, please refer to IBF website.

Terms and Conditions

1) You will receive the enrollment email within 2 business days after the payment verification. Payment verification will take 1-2 business days to verify upon successful registration. If you are new to Salmon Thrust online learning system, you will receive an additional invitation email to create your online account.

2) Access to the e-training materials is valid to the end of the calendar year.

3) This e-training programme takes approximately 1.5 hours to complete.

4) In order to qualify for Continuing Education credits from SGX, please complete all quiz questions found at the end of each tutorial (a 70% pass rate is required) by 31 December 2021.

5) If participants wish to make any changes to their application or request for a refund, written notice should be given within 10 business days of receiving the access ID and password to the online programme and provided the access has not been utilised. There will be an administrative fee of 20% of the fees paid. There will be no changes or refund if notice is given thereafter or if the access has been utilised.

6) It is recommended to login the web browser via a personal computer.

7) For assistance please contact e-training@sgxacademy.com or call 6670-6808.
(Operating Hours: 9.00am to 5.00pm)

This course is recommended for Trading Representatives and Professionals who need to meet their Continuing Education Credit.

SGX reserves the right to make changes to information regarding the programme if warranted by circumstances beyond its control.

Disclaimer:

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