Part I. International Investments -- Chapter 1. The Economics of the International Market; Chapter 2. Portfolio Theory and International Diversification -- Part II. Fundamentals of Exchange-Traded Funds -- Chapter 3. The Basics of Exchange-Traded Funds -- Chapter 4. The Operation and...

Fundamental indexation is commonly employed to form portfolios of stocks, but can we also use it to form portfolios of countries? The authors investigate whether fundamental weighting can be applied to enhance the profits from international diversification. To this end, they form and evaluate...

Fundamental indexations for common stocks refers to weighting portfolio constituents on the basis of fundamental variables. We examine the cost efficiency of this approach in the three largest European emerging markets: Poland, Russia, and Turkey. We form portfolios based net profits, sales,...