Barclays unveils fund of ETFs in Singapore

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Barclays Capital has unveiled a fund solely comprising ETFs in Singapore.

The Global Stimulus Portfolio invests in a diversified pool of ETFs, which represents sectors and markets that are expected to appreciate in the long term. The portfolio comprises infrastructure (19%) financials (19%) health care (19%) energy (19%) exposure to Asia (19%) and gold (5%). The expected appreciation of the chosen sectors and markets is bolstered by the economic policies of governments globally, which were implemented to aid recovery from the financial crisis. The bank estimates global growth approached 4% in the third quarter this year and forecasts 4% or more will be s...

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