ETFS launches 13 new fee-free equity ETFs

ETF Securities has announced the launch of 13 new exchange traded funds (ETFs) on the London Stock Exchange (LSE) with the added bonus of a 0% Total Expense Ratio (TER) as an introductory offer until 310 January 2009. The 13 equity ETFs provide investors with exposure to global and European themes, including alternative energy, water, agribusiness, coal, steel, shipping and nuclear power, which have been inaccessible through traditional exchange traded commodities due to the difficulty in structuring them and getting access to the underlying assets. Graham Tuckwell, chairman of ETF Secu...