Advisers gain access to Dow Jones with new ETFs

The new ETFs offer advisers the ability to track four of the world’s most important indices through shares traded on the London Stock Exchange. The US range includes an ETF linked to the Dow Jones Industrial Average index; a price weighted average of leading blue-chip stocks. The product is the first LSE-listed ETF to track the Dow. This index grew by 6.43% in 2007, 16.29% in 2006 and fell 0.61% in 2005. Meanwhile, the Lyxor ETF MSCI USA gives access to an index which monitors the performance of around 85% of the stock market capitalisation of the US. The index grew by 4.09% in 2007, 13...