Bangladesh is going to Catch the Spider: A New Investment Instrument for DSE

1
Khaled Mahmud
Khaled Mahmud
2
Md. Farhan Imtiaz
Md. Farhan Imtiaz
3
Md. Shakil Ahmad
Md. Shakil Ahmad
1 University of Dhaka

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Bangladesh is going to Catch the Spider: A New Investment Instrument for DSE Banner

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The objective of our study was to evaluate, in a population of Togolese People Living With HIV(PLWHIV), the agreement between three scores derived from the general population namely the Framingham score, the Systematic Coronary Risk Evaluation (SCORE), the evaluation of the cardiovascular risk (CVR) according to the World Health Organization.
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SPIDER is the name of the first Exchange Traded Fund (ETF), introduced in 1993 in USA. After twenty years of its inception, Bangladesh is going to introduce this investment instrument at DSE soon. This article gives the readers a comprehensive idea about the origin, its differences with other related investment funds, its creation and redemption process, its usage to its investors, benefits, related risk factors, its evaluation factors and costs to the investors. ETF is a hybrid attractive investment instrument and possesses qualities of both the mutual fund and common stock. It avoids disadvantages such as lack of transparency, agency conflicts etc. of closed end mutual funds and takes the benefit of the flexibility of common stocks. For Bangladesh, where the structure of Stock Market lacks accountability, this sort of investment instrument which has transparency will bring confidence among the customers. The neighboring countries where it has been introduced has been successful. More can be stated regarding ETF in perspective of Bangladesh after its official introduction at DSE.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Khaled Mahmud. 2016. \u201cBangladesh is going to Catch the Spider: A New Investment Instrument for DSE\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C11): .

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GJMBR Volume 15 Issue C11
Pg. 17- 26
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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January 11, 2016

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SPIDER is the name of the first Exchange Traded Fund (ETF), introduced in 1993 in USA. After twenty years of its inception, Bangladesh is going to introduce this investment instrument at DSE soon. This article gives the readers a comprehensive idea about the origin, its differences with other related investment funds, its creation and redemption process, its usage to its investors, benefits, related risk factors, its evaluation factors and costs to the investors. ETF is a hybrid attractive investment instrument and possesses qualities of both the mutual fund and common stock. It avoids disadvantages such as lack of transparency, agency conflicts etc. of closed end mutual funds and takes the benefit of the flexibility of common stocks. For Bangladesh, where the structure of Stock Market lacks accountability, this sort of investment instrument which has transparency will bring confidence among the customers. The neighboring countries where it has been introduced has been successful. More can be stated regarding ETF in perspective of Bangladesh after its official introduction at DSE.

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Bangladesh is going to Catch the Spider: A New Investment Instrument for DSE

Khaled Mahmud
Khaled Mahmud University of Dhaka
Md. Farhan Imtiaz
Md. Farhan Imtiaz
Md. Shakil Ahmad
Md. Shakil Ahmad

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