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How can you make ETFs work in your investment portfolio and what are the risks?         Exchange Traded Funds are an investing revolution that have challenged modern investment principles such as individual stock selection and the need to hire a fund manager. By tracking an index, focusing on themes and sectors and helping assess risk they are fast becoming a key investment vehicle.          The Financial Times Guide to Exchange Traded Fundsis a comprehensive and authoritative introduction to this new way of running an investment portfolio. It explains what index tracking  funds are, how they work, compares different fund types and provides a coherent investing master plan.   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About the authors         David Stevenson is a columnist for the Financial Times Weekend edition, and authors the Adventurous Investor section where he writes about everything from investing in Mongolia through to using ETFs in your portfolio. He's also a columnist for the Investors Chronicle (based around his SIPP) and before that was a columnist for Citywire. 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