BGI targets retail investors with ETF trio

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...