Whitechurch makes first foray into ETF market

The exchange traded fund from ETF Securities tracks the Dow Jones UBS Natural Gas sub-index and will be held for an indefinite period. Ben Seager-Scott, senior analyst at Whitechurch Securities, says: "We have been looking at ETFs for a while. In the main we are looking for active managers who can add value. "However, we are asset allocators and sometimes we may wish to use ETFs as a tactical tool. For example, with the US being such an efficient market, many managers cannot consistently outperform and that is where we could use an ETF." He praises the lower expense ratio of ETFs a...