Exchange-traded funds (ETFs) offer access to a range of investments in a single trade, are less volatile than individual stocks, cheaper than most managed funds and subject to minimal taxation. But how do you pick the one that?s right for you? This straightforward book helps you weigh your options, build a lean, mean portfolio and maximise your profits. * Get to know the major players in Australia and New Zealand ? find a broker, open an account and familiarise yourself with suppliers and indices * Understand risk control and diversification ? learn the importance of a diversified, lowly-correlated portfolio, and how ETFs can help you achieve this * Manage small, large, sector and international investments ? take advantage of returns in local markets and invest directly in US-listed ETFs * Add bonds and REITs and other ETFs ? secure consistent yields and add property to your investment portfolio * Invest smartly in commodities and precious metals ? tap into the returns offered by Australian commodities * Work non-ETFs into your investment mix ? improve returns through careful selection of active managed funds * Take advantage of sample portfolios ? work out the right portfolio mix for you, based on your attitude to risk * Fund your retirement years ? determine how much you need for retirement, and how ETFs can get you there