Barclays Global Investors is offering retail investors access to asset classes previously available only to institutional or high-net-worth clients with the launch of three exchange traded funds (ETFs).
ETFs are still a relatively new concept in the UK financial services industry. But they are gaining momentum as an investment option among IFAs as they trade in the same manner as stocks, when are in fact similar to index-tracking mutual funds but tend to trade at a much lower cost to mutual funds. The Dublin-listed iShare tracker funds, which begin trading tomorrow, cover the private equity, UK equity, and global water markets. The iShares FTSE EPRA/NAREIT UK Property fund will invest in UK Real estate investment trusts (Reits) or UK-listed property companies and sits alongside the fir...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
