The Handbook of Financial Instruments

An investor's guide to understanding and using financialinstrumentsThe Handbook of Financial Instruments providescomprehensive coverage of a broad range of financial instruments,including equities, bonds (asset-backed and mortgage-backedsecurities), derivatives (equity and fixed income), insuranceinvestment products, mutual funds, alternative investments (hedgefunds and private equity), and exchange traded funds. TheHandbook of Financial Instruments explores the basicfeatures of each instrument introduced, explains their riskcharacteristics, and examines the markets in which they trade.Written by experts in their respective fields, this book armsindividual investors and institutional investors alike with theknowledge to choose and effectively use any financial instrumentavailable in the market today.John Wiley & Sons, Inc. is proud to be the publisher of theesteemed Frank J. Fabozzi Series. Comprising nearly 100titles-which include numerous bestsellers--The Frank J.Fabozzi Series is a key resource for finance professionals andacademics, strategists and students, and investors. The series isoverseen by its eponymous editor, whose expert instruction andpresentation of new ideas have been at the forefront of financialpublishing for over twenty years. His successful career hasprovided him with the knowledge, insight, and advice that has ledto this comprehensive series.Frank J. Fabozzi, PhD, CFA, CPA, is Editor of theJournal of Portfolio Management, which is read by thousandsof institutional investors, as well as editor or author of over 100books on finance for the professional and academic markets.Currently, Dr. Fabozzi is an adjunct Professor of Finance at YaleUniversity's School of Management and on the board of directors ofthe Guardian Life family of funds and the Black Rock complex offunds.