Marlborough targets IFAs with funds of ETFs

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Marlborough is to make four OEIC funds of ETFs available to retail investors.

The funds are: ETF Commodity, ETF Absolute Return, ETF Global Growth and ETF Global Income. These were originally set up under Marlborough's iFunds label and have been run for private client portfolios for around two years. ETF Commodity is benchmarked against the Reuters/Jefferies-CRB index, ETF Absolute Return against cash plus 200 basis points and the ETF Global products against the MSCI World index. The ETF Commodity fund invests 15-35pc of its assets in broad commodity ETFs. It can then invest in a range of commodity sector indices, with up to 60pc in a single index, and in any num...

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