A GUIDE TO EXCHANGE TRADED FUNDS
|
|
- Judith Dean
- 6 years ago
- Views:
Transcription
1 A GUIDE TO EXCHANGE TRADED FUNDS
2 Contents Introduction Page 3 Introduction Page 4 Cost Effectiveness & Diversification Page 5 Liquidity & Dividends Page 6 Additional Considerations Page 7 Risk Warning Exchange Traded Funds (ETFs) track the performance of an underlying index or basket of stocks like an index tracker fund but trade on an exchange like a stock. When you purchase an ETF you gain the diversification of a basket or index of stocks similar to a traditional mutual fund but with lower costs and the liquidity benefits of an individual share. There is a vast range of ETFs, some will track an underlying index, such as the FTSE 100 or S&P 500. Other ETFs will track a basket of stocks such as European Banks or UK Property Companies. The performance of ETFs are directly linked to the index they track, so if you invest in a FTSE 100 ETF and the FTSE 100 falls 5% you should expect the ETF to fall 5%. Managers will buy and sell holdings only to reflect any changes in the underlying index. Benefits of trading Exchange Traded Funds: ETFs are typically used to build a solid low cost core to a portfolio aiming for longer term growth. However, this does not exclude their use for short-term speculation on particular global investment trends. The range of assets classes covered by ETFs makes them a vital tool for the tactical investor, whatever his or her risk tolerances are. A combination of ETFs can be used alongside traditional shares to form a Core / Satellite portfolio with ETFs forming the core and individual stocks acting as satellites. An active investor with a high tolerance to risk may opt to engage in ETFs that specialise in a particularly volatile stock sectors such as the financial or technology sectors or trade an ETF that tracks a commodity like copper. In contrast, an income seeking investor may value regular dividend payments such as those available through an investment in a broad-based equity market ETF like the S&P 500. Cost effectiveness Diversification Good levels of liquidity Access a wide range of asset classes Ability to pursue specific strategies
3 Cost Effectiveness Liquidity The significant savings in charges that can be achieved It is only a difference of 0.5% but this makes a significant by investing in ETFs is undoubtedly one of the biggest difference over a longer period of time. Over a ten-year factors in their growing popularity among retail and period this would add up to 500 on a 10,000 investment. institutional investors alike. Bearing in mind that the previously mentioned special offer was one of the lowest annual charges on mutual Exchange Traded Funds generally have lower expense funds, many investors will be paying charges well in ratios than traditional mutual funds such as Unit Trusts excess of 1.00% per year, even if it is through a fund and Open-Ended Investments Companies (OEICs). supermarket. Taking this into account the difference in charges between a mutual fund and a well-diversified ETF For example, the on-going charge for the HSBC S&P 500 could be more than 1,500 over a ten year period on a UCITS ETF is as low as 0.09%. When you compare this to 10,000 investment. For those who have built a portfolio Hargreaves Lansdown s special offer when Neil Woodford of over 100,000 the loss in charges could be well in launched his new fund with an annual charge of 0.6% it excess of 15,000, not an inconsiderable sum. highlights the relative expensiveness of mutual funds. Diversification The rapid adoption of Exchange Traded Funds can be Not only do ETFs provide diversification in terms of asset attributed to the excellent diversification benefits classes and stock selection but also in the strategies that they provide. They offer exposure to a wide range you can pursue. of asset classes such as commodities, bonds and currencies as well as traditional shares both on home A simple demonstration of this is the example of an markets and on exchanges further afield which might investor who thinks the FTSE 100 is going to fall in value. otherwise be harder to gain exposure to. In this circumstance an investor can select from a range of ETFs that move inversely to the FTSE 100. This means If you want access to a selection of corporate bonds that when the FTSE 100 falls in value the price of the ETF from US blue chip companies for example, you will find a goes up returning the investor a profit. Examples of other range of ETFs that meet the specific requirements. If you strategies include minimal volatility, increased volatility feel the Japanese Yen is going to appreciate there are a or leveraged ETFs. selection of ETFs to choose from. If you decide the price of oil will rise there are ETFs for that. The opportunities Regardless of risk tolerances and time horizons spreading really are truly extensive. your investments out will provide a more stable portfolio and reduce your reliance on any one area. ETFs are bought and sold on exchanges so the price is In some circumstances buy/sell spreads can be smaller dictated by the supply and demand for the shares as than mutual funds tracking similar securities, reducing opposed to being priced to the Net Asset Value at the hidden transactional costs. end of each day like a mutual fund. Of course there are differing levels of liquidity between ETFs are considerably easier to buy and sell than ETFs; an ETF that focuses on a broad US equity index is traditional funds as they are exchange traded meaning likely to be more liquid than one that tracks a specialised there is continuous pricing and trading through the sector of small cap stocks for example trading day. Dividends ETFs that pay dividends out to investors are labelled It will be prudent for an investor to decide what is Distributing ETFs as they distribute the income important to them when selecting an ETF, either capital received from the underlying securities to the ETF appreciation or income. Distributions will vary between holder. The other form of ETF is a Capitalising ETF, ETFs depending on the asset classes and where the ETF this structure rolls up dividends into the performance is domiciled. You could be paid dividends in different of the ETF. currencies so this is worth clarifying. Dividend Distribution 4 5
4 Additional Considerations Risk Warning Tracking Error Other Instruments The value of your investments will fluctuate and you may get back less than your original investments. Please Before trading Contracts for Difference, ensure you fully understand the risks involved. These products may not be A factor to bear in mind when investing in an ETF is the tracking error. The tracking error is the difference between the performance of an ETF and its target or underlying index. Tracking error is usually small and tends not to have a huge impact on returns but it is always worth keeping an eye on. This deviance is due to the nature of buying and selling stocks to replicate the index and the small inevitable inaccuracies that develop over time when dealing with large volumes of shares. Inverse ETFs When looking at leveraged ETFs the leverage and rebalancing is provided on a daily basis, therefore investors would be mistaken to think a twice leveraged ETF will return double the markets return over a longer period of time. Generally highly leveraged ETFs should be utilised when expecting short, sharp movements in markets / sectors - from intraday to weekly - whilst their non-leveraged counterparts are generally held for longer timescale exposures. You are not limited to just buying the physical ETFs. For those who trade CFDs or Options, Charles Hanover Investments can advise on which ETFs are tradable through a range of derivative products providing further possibilities for your investment strategy. Professional Advice When you open a Charles Hanover Investments Advisory Account you will be allocated a personal broker who will work with you when building your portfolio. They will be able to provide key metrics on certain ETFs and give advice on which will be most suitable for your investment objectives. ensure you understand the risk of any investment you chose to undertake and seek independent financial advice where necessary. Trading Contracts for Difference (CFDs), Futures and Spread Betting carries a high level of risk to your capital, and is not suitable for all investors. Only speculate with money you can afford to lose. Trading or placing any bets can result in consumers incurring liabilities in excess of their initial stake. Please ensure you fully understand the risks, and seek independent advice if necessary. Charles Hanover Investments Ltd is a trading name of Equitrade Markets Ltd, a company authorised by the FCA to provide advice on shares, spread betting, CFDs, futures, options and rolling spot foreign exchange. Before we can begin to send you our advisory recommendations you must complete our online application. We will also require you to open a trading account with one of our third party preferred providers and details of this will be sent to you upon completion of suitable for all types of investor. Trading in Contracts for Difference carries a high degree of risk and is generally considered suitable only for the more experienced investor. Leveraged products carry a high degree of risk for your capital, and in some circumstances you may be liable for a greater sum than your initial capital invested. Past performance is not necessarily a guide to future performance. Seek independent financial advice if necessary. These products are suitable only for people over the age of 18. Information and analysis produced by Charles Hanover Investments Ltd does not constitute a recommendation or offer to make a transaction in any derivatives or securities, and is intended to be general in nature. Charles Hanover Investments Ltd is an trading name of Equitrade Markets Ltd which is fully authorised and regulated by the Financial Conduct Authority (FCA No ). the advisory application form. By completing, signing and submitting the Charles Hanover Investments Ltd form you are confirming that you have read and agreed to our Terms of Business and Risk Warning. 6
5 Telephone: +44 (0) Address: Charles Hanover Investments 2 London Wall Buildings London Wall London, EC2M 5UU Charles Hanover Investments Ltd is a trading name of Equitrade Markets Ltd authorised and regulated by the FCA (FCA No )
ETFs and Index Funds. Similarities and Differences. For professional clients only
ETFs and Index Funds Similarities and Differences For professional clients only Most Exchange Traded Funds (ETFs) and index tracker funds share a common aim. That is, to match the performance of the index
More informationAn introduction to Exchange Traded Products
An introduction to Exchange Traded Products For private investors The ETP industry has seen tremendous growth over the last 20 years, with more than US$539 billion invested in over 2,220 ETPs Europe-wide1.
More informationUnder the surface. Focus on ETF Liquidity. For professional clients only
Under the surface Focus on ETF Liquidity For professional clients only Introduction ETFs have been designed as highly liquid investment vehicles, allowing investors to establish both long and short term
More informationETFs for private investors
ETFs for private investors Simple products. Sophisticated strategies. ETFs Exchange Traded Funds (ETFs) are instruments which track an index. Indices can be country or region specific and based on emerging
More informationExchange Traded Funds. Reasons to Consider. For professional clients only
Exchange Traded Funds Reasons to Consider For professional clients only Exchange Traded Funds (ETFs) have been designed to provide low-cost and transparent access to the world s markets, combining the
More informationMERCANTILE CIRCLE OPPORTUNITIES PORTFOLIOS STRATEGY UPDATE Q mercantile circle
MERCANTILE CIRCLE OPPORTUNITIES PORTFOLIOS STRATEGY UPDATE Q4 2017 www.mercantilecircle.com mercantile circle 2 www.mercantilecircle.com 3 ABOUT US I N T E L L I G E N T I N V E S T I N G T H E E A S Y
More informationThe risk types set out below could have an impact on each type of financial instrument:
Risk Warning Notice This Notice is intended to give you general information and a general description of the risks involved in the products offered by Guardian Stockbrokers Limited. Before opening an account
More informationETFs for private investors
ETFs for private investors Simple products. Sophisticated strategies. Contents ETFs What are ETFs 2 How ETFs differ from other funds 3 Comparing product costs 4 Pricing and liquidity 5 Combining active
More informationUnder the surface. Focus on ETF Liquidity. For professional clients only
Under the surface Focus on ETF Liquidity For professional clients only Introduction ETFs have been designed as highly liquid investment vehicles, allowing investors to establish both long and short term
More informationThe value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Active Exchange and Traded passive Funds investing (ETFs) What Understanding you need index to know ETFs and how they work This guide has been produced for educational purposes only and should not be regarded
More informationETP Due Diligence Guide
ETP Due Diligence Guide Step-by-step guide to selecting the right products for your clients The exchange traded product (ETP) industry has undergone significant transformation since the first product was
More informationSELF-INVESTED PERSONAL PENSION (SIPP)
SELF-INVESTED PERSONAL PENSION (SIPP) About Us Mayfair Capital was founded in 2016 to provide a relationship-based advisory investment service to clients who want a reliable and personal approach to the
More informationExchange traded funds. Plain Talk Library
Exchange traded funds Plain Talk Library Contents Introducing exchange traded funds 5 What are ETFs? 6 Vanguard s approach to ETFs 9 How can you invest in ETFs? 10 Fees and costs 12 Benefits of ETFs?
More informationETP Due Diligence Guide
September 2015 ETP Due Diligence Guide Step-by-step guide to selecting the right products for your clients The exchange traded product (ETP) industry has undergone significant transformation since the
More informationETFs: A BEGINNER S GUIDE. November 2018
ETFs: A BEGINNER S GUIDE November 2018 The purpose of this guide is to provide an introductory guide to exchange traded funds ( ETFs ) in Europe. We note that this guide has been made available to the
More informationSELF-INVESTED PERSONAL PENSION (SIPP)
SELF-INVESTED PERSONAL PENSION (SIPP) About Us Mayfair Capital was founded in 2016 to provide a relationship-based advisory investment service to clients who want a reliable and personal approach to the
More informationExchange Traded Funds. An Introductory Guide. For professional clients only
Exchange Traded Funds An Introductory Guide For professional clients only Exchange-Traded Funds (ETFs) started to be used in Europe in the early 2000s but over the past few years they have grown their
More information[ Private Investors ] Achieve Your investment goals
[ Private Investors ] Achieve Your investment goals About Us Cornhill Capital is a leading independent investment company based in the heart of the city of London. As a client of Cornhill you will gain
More informationExchange traded funds. Plain Talk Library
Exchange traded funds Plain Talk Library Contents Introducing exchange traded funds 5 What are ETFs? 6 How can you invest in ETFs? 8 Fees and costs 10 Who s who in the ETF market? 12 Benefits of ETFs?
More informationBuilding your multi-asset portfolio using exchange traded products:
Building your multi-asset portfolio using exchange traded products: understanding the basics ETF Securities Liz Wright Learning objectives An introduction to ETF Securities What are Exchange Traded Products?
More informationUnderstanding Exchange-Traded Funds (ETFs) A guide to TD Asset Management Inc. s (TDAM) ETF solutions
Understanding Exchange-Traded Funds (ETFs) A guide to TD Asset Management Inc. s (TDAM) ETF solutions Understanding ETFs Investment in exchange-traded funds (ETFs) has boomed in recent years, with the
More informationAn introduction to Exchange Traded Products
An introduction to Exchange Traded Products For UK IFAs and Wealth Managers The ETP industry has seen tremendous growth over the last 20 years, with more than US$534 billion invested in over 6,900 ETPs
More informationAn introduction to absolute return investing
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING An introduction to absolute return investing Content Introduction 2 What is an absolute return approach? 3 What are absolute return funds? 4 What strategies
More informationETFs explained ADVISORY. Member of the London Stock Exchange
ETFs explained ADVISORY ADVISORY Member of the London Stock Exchange Killik & Co Killik & Co is a financial services firm with a stock broking heritage offering financial and securities advice and execution
More informationdb X-trackers ETFs A 10 Step Guide to Exchange Traded Funds
Deutsche Bank db X-trackers Marketing material db x-trackers Simply buy the market db X-trackers ETFs A 10 Step Guide to Exchange Traded Funds Contents 3 Introduction 4 Step 1 What are ETFs? 5 Step 2 How
More informationSELF-INVESTED PERSONAL PENSION (SIPP)
SELF-INVESTED PERSONAL PENSION (SIPP) About Us Logic Investments is an independent advisor providing stockbroking and investment management services to private investors, pension trusts and corporations.
More informationSELF-INVESTED PERSONAL PENSION (SIPP)
SELF-INVESTED PERSONAL PENSION (SIPP) About Us Logic Investments is an independent advisor providing stockbroking and investment management services to private investors, pension trusts and corporations.
More informationDiversified Managed Allocations
Diversified Managed Allocations Multi-strategy portfolios with a focus on flexibility Is this program right for you? DMA is designed for investors who: Want experienced, professional money managers to
More informationGROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want. Prepared for Grant Thornton partners
THE GRANT THORNTON UK LLP GROUP PERSONAL PENSION PLAN GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Prepared for Grant Thornton partners Your Grant Thornton company pension
More informationPlain talk about how ETFs work. Client education
Plain talk about how ETFs work Client education Contents 2 What are ETFs? 4 How ETFs work 8 Which ETFs are right for you? Exchange-traded funds (ETFs) are attracting evergreater attention from investors.
More informationCFD Trading. You can lose more than your initial investment when trading CFDs
CFD Trading You can lose more than your initial investment when trading CFDs A ccendo Markets is a market leader in financial trading services*, providing awardwinning on-line and telephone broking services
More informationAn Introduction to Exchange Traded Products
September 2015 An Introduction to Exchange Traded Products Investment vehicles come in a number of forms in the UK, of which Exchange Traded Products (ETPs) are one. Understanding the differences between
More informationOptimum Investment Management Enterprise Fund
Optimum Investment Management Enterprise Fund Annual Short Report For the year ended 30 November 2015 Optimum Investment management Enterprise Fund Short Report For the year ended 30 November 2015 Fund
More informationCovered Warrants. An Introduction
Covered Warrants An Introduction Contents 1.0 Introduction 4 2.0 What is a covered warrant? 4 3.0 Types of covered warrants 4 4.0 Features of covered warrants 5 5.0 Gearing 6 6.0 Leverage 6 7.0 Key benefits
More informationSmart Investment Management Risk-Graded Portfolios
Smart Investment Management Risk-Graded Portfolios Smart Investment Management A new type of discretionary investment manager With over 100 firms in the UK offering discretionary investment management,
More informationUnit 4: Types of Mutual Funds
Unit 4: Types of Mutual Funds Welcome to Types of Mutual Funds. This unit gives you an overview of the types of mutual funds available. Before providing your client with an investment solution, you need
More informationETFS FTSE 100 Leveraged (Daily 2x) GO UCITS ETF FUND SUPPLEMENT No.5
ETFS FTSE 100 Leveraged (Daily 2x) GO UCITS ETF FUND SUPPLEMENT No.5 A sub-fund of GO UCITS ETF Solutions Plc, an umbrella investment company with variable capital and segregated liability between its
More informationHSBC FTSE 100 UCITS ETF Supplement. 23 May 2014
HSBC FTSE 100 UCITS ETF Supplement 23 May 2014 The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility
More informationAdvisory DEALING. Synergy Markets authorised and regulated by the Financial Conduct Authority. Registered in England.
AD Advisory DEALING Synergy Markets authorised and regulated by the Financial Conduct Authority. Registered in England. Number 623190 1 ADVISORY DEALING Overview of the Service Advisory Dealing from Synergy
More informationHow best to invest your money
How best to invest your money The Advisory Portfolio Service Our investment process Deciding how best to invest your money can be daunting. With so many options available and so many uncertainties, how
More informationGuide to Risk and Investment - Novia
www.canaccord.com/uk Guide to Risk and Investment - Novia This document is important. Its purpose is to help with understanding investment in financial markets, the associated risks and the potential returns.
More informationOn Track. Focus on ETF Performance. For professional clients only
On Track Focus on ETF Performance For professional clients only Introduction ETFs have been designed to provide low-cost and transparent access to the world s markets, combining the simple tradability
More informationASSET MANAGEMENT. Prospectus. for Royal London Equity Funds ICVC (the Company )
ASSET MANAGEMENT Prospectus for Royal London Equity Funds ICVC (the Company ) Royal London Unit Trust Managers Limited Authorised and regulated by the Financial Conduct Authority Valid as at 21 September
More informationFor professional investors only. Understanding Exchange Traded Funds (ETFs)
For professional investors only Understanding Exchange Traded Funds (ETFs) What are Exchange Traded Funds (ETFs)? 3 Contents Get selective 4 Evaluating ETFs 4 Building portfolios with ETFs 4 Fixed income
More informationRISK DISCLOSURE. Clients can trade through the Company CFDs on forex, spot metals, futures and shares as well as spread bets.
RISK DISCLOSURE RISK DISCLOSURE 8Safe UK Limited ("8Safe UK" or the Company ) is authorized and regulated by the Financial Conduct Authority ( FCA formerly the FSA) under Registration No 585561, to act
More informationFTSE 100 DEFENSIVE SUPERTRACKER PLAN - APRIL 2017
FTSE 100 DEFENSIVE SUPERTRACKER PLAN - APRIL 2017 PLAN 218 key dates Offer Closing Date 10 April 2017 Investment Start Date 12 April 2017 Maturity Date 12 April 2023 plan details 3 times growth multiplier
More informationTop Fund Recommendations
Global Income BUY Artemis Global Income Fund 98.5p over 2.5 Hist. 3yr return (%): 48.5 capital growth and The Artemis Global Income Fund aims to achieve a rising income combined with capital growth from
More informationHSBC S&P 500 UCITS ETF
The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility for the information contained in this Supplement.
More informationUnit 4: Types of Mutual Funds
Unit 4: Types of Mutual Funds Welcome to Types of Mutual Funds. This unit gives you an overview of the types of mutual funds available. Before providing your client with an investment solution, you need
More informationInvesting in Stocks. Chapter 31
Investing in Stocks Chapter 31 You can only get poor quickly; getting rich takes time Investing is putting your money to use in order to make money on it Putting money in a savings account is a form of
More informationINVESTING WITH CONFIDENCE AN INVESTOR GUIDE
INVESTING WITH CONFIDENCE AN INVESTOR GUIDE INVESTING WITH CONFIDENCE 1 I WANT TO MAKE THE RIGHT INVESTMENT CHOICES We will guide you through the whole investment process, helping you to think through
More informationDebunking Myths & Common Misconceptions of ETFs
Debunking Myths & Common Misconceptions of ETFs April 2015 Even as ETFs have grown in popularity, there is a still a great deal of misunderstanding over how they are structured and regulated, how they
More informationHSBC Life Based Personal and Executive Pension. Investment Guide
HSBC Life Based Personal and Executive Pension Investment Guide 2 HSBC Life Based Personal and Executive Pension One of the most important choices you make about your pension plan is how your money is
More informationTatton Managed Portfolio Service A more efficient way to invest
Tatton Managed Portfolio Service A more efficient way to invest Tatton s discretionary portfolio management service combines our investment expertise with platform technology and your adviser s in-depth
More informationFull Assumptions and Calculations Explained
Full Assumptions and Calculations Explained Why do investment charges and costs matter? The power of compounding fees means that what might appear to be a small sum or percentage today, can compound over
More informationFinancial Wellness & Education. Understanding mutual funds
Financial Wellness & Education Understanding mutual funds Benefits of mutual funds Foresters Financial Services, Inc. provides everyday families and individuals with financial solutions, guidance and tools,
More informationETPs for private investors
ETPs for private investors Simple products. Sophisticated strategies. ETPs Exchange Traded Products (ETPs) such as Exchange Traded Commodities (ETCs) and Exchange Traded Notes (ETNs) are listed exchange
More informationKey Information Document CFD on an FX pair
Key Information Document CFD on an FX pair Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help
More informationHSBC World Selection Personal Pension
HSBC World Selection Personal Pension Investment Guide January 2011 2 HSBC World Selection Personal Pension Introduction One of the most important choices you make about your pension plan is how your money
More informationHSBC EURO STOXX 50 UCITS ETF Supplement. 6 October 2014
HSBC EURO STOXX 50 UCITS ETF Supplement 6 October 2014 The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility
More informationHSBC WORLDWIDE EQUITY UCITS ETF
The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility for the information contained in this Supplement.
More informationJULY 2017 GUIDE TO INVESTING EARNING THE BEST RETURN POSSIBLE WITHOUT TAKING UNDUE RISK
JULY 2017 GUIDE TO INVESTING EARNING THE BEST RETURN POSSIBLE WITHOUT TAKING UNDUE RISK WELCOME Earning the best return possible without taking undue risk Welcome to our Guide to Investing. Creating and
More informationTHE POWER TO PERFORM IN ANY MARKET. A Guide To Lyxor Exchange Traded Funds
THE POWER TO PERFORM IN ANY MARKET A Guide To Lyxor Exchange Traded Funds APRIL 2015 This communication is SUITABLE FOR retail clients in the UK Committed to Performance, Liquidity and Risk Management
More information9 Questions Every ETF Investor Should Ask Before Investing
9 Questions Every ETF Investor Should Ask Before Investing 1. What is an ETF? An exchange-traded fund (ETF) is a pooled investment vehicle with shares that can be bought or sold throughout the day on a
More informationPART TWO: PORTFOLIO MANAGEMENT HOW EXPOSURE TO REAL ESTATE MAY ENHANCE RETURNS.
PART TWO: PORTFOLIO MANAGEMENT HOW EXPOSURE TO REAL ESTATE MAY ENHANCE RETURNS. MAY 2015 Burland East, CFA CEO American Assets Capital Advisers Creede Murphy Vice President, Investment Analyst American
More informationIndex Tracker Funds. An Introductory Guide. For professional clients only
Index Tracker Funds An Introductory Guide For professional clients only HSBC Global Asset Management has a well-established track record in passive investments. It was a pioneer in the UK market launching
More informationUnderstanding ETF Liquidity
Understanding ETF Liquidity 2 Understanding the exchange-traded fund (ETF) life cycle Despite the tremendous growth of the ETF market over the last decade, many investors struggle to understand the mechanics
More informationHSBC MSCI TURKEY UCITS ETF Supplement. 6 October 2014
HSBC MSCI TURKEY UCITS ETF Supplement 6 October 2014 The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility
More informationUnderstanding Fixed Income ETFs ( Exchange Traded Funds )
Please note that the following piece is for information purposes only and is not intended to constitute any investment advice, recommendation or solicitation. This is not an offer to sell any product.
More informationKey Features of the Personal Investment Plan. Additional payments to plans set up before 28th June Important information you need to read.
Key Features of the Personal Investment Plan Additional payments to plans set up before 28th June 2010. Important information you need to read. Important information The Personal Investment Plan is provided
More informationYour guide to the fundamentals of investing
Your guide to the fundamentals of investing Your money. Our expertise. This guide is for information purposes only. It should not be seen as advice. Investments in the stock market may fall as well as
More informationALFA FINANCIALS (PTY) LTD. RISK DISCLOSURE AND WARNINGS NOTICE FOR CLIENTS IN COMPLEX FINANCIAL PRODUCTS
ALFA FINANCIALS (PTY) LTD. RISK DISCLOSURE AND WARNINGS NOTICE FOR CLIENTS IN COMPLEX FINANCIAL PRODUCTS Version 1.0 May 2016 RISK DISCLOSURE AND WARNINGS NOTICE FOR CLIENTS IN COMPLEX FINANCIAL PRODUCTS
More informationExchange Traded Funds (ETFs)
Exchange Traded Funds (ETFs) Advisers guide to ETFs and their potential role in client portfolios This document is directed at professional investors and should not be distributed to, or relied upon by
More informationSomething a bit different?
The Association of Investment Companies Something a bit different? November 2017 www.theaic.co.uk Whether you are looking to diversify your existing portfolio, boost your income or maximise long-term capital
More informationDemystifying the Role of Alternative Investments in a Diversified Investment Portfolio
Demystifying the Role of Alternative Investments in a Diversified Investment Portfolio By Baird s Advisory Services Research Introduction Traditional Investments Domestic Equity International Equity Taxable
More informationDiscover the power. of ETFs. Not FDIC Insured May May Lose Lose Value Value No No Bank Bank Guarantee
Discover the power of ETFs Not FDIC Insured May May Lose Lose Value Value No No Bank Bank Guarantee Discover exchange-traded funds (ETFs) Financial television programs and publications continue to give
More informationHSBC FTSE 100 UCITS ETF
The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility for the information contained in this Supplement.
More informationSCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS
SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS SCOTTISH WIDOWS PREMIER PENSION PORTFOLIO FUNDS BUILD ON OUR WELL-ESTABLISHED PENSION PORTFOLIO FUNDS. THEY AIM FOR BETTER POTENTIAL RETURNS FOR BROADLY
More informationYour Investment Options
Retirement Investments Insurance Your Investment Options Funds that work as hard as you do We are Aviva Helping our customers save for the future and manage the risks of everyday life. When it comes to
More informationConsultation on the Protection of Retail Investors in relation to the Distribution of CFDs. Consultation Paper 107
2017 Consultation on the Protection of Retail Investors in relation to the Distribution of CFDs Consultation Paper 107 2 Contents Introduction 1 Market Overview 3 Proposed Measures 6 Legal Basis 8 The
More informationDIVERSIFIED INCOME FUND. Designed to provide an attractive immediate income with rising income and higher capital values over time
DIVERSIFIED INCOME FUND Designed to provide an attractive immediate income with rising income and higher capital values over time DIVERSIFIED INCOME FUND Designed to provide an attractive immediate income
More informationRisk and Asset Allocation
clarityresearch Risk and Asset Allocation Summary 1. Before making any financial decision, individuals should consider the level and type of risk that they are prepared to accept in light of their aims
More informationUnderstanding investments. A quick and simple guide to investing.
Understanding investments A quick and simple guide to investing. Irish Life Multi-Asset Portfolio funds are available on investment and pension plans provided by Irish Life Assurance plc. INTRODUCTION
More informationHSBC S&P 500 UCITS ETF
The Company and the Directors of HSBC ETFs PLC (the Directors ) listed in the Prospectus in the Management and Administration section, accept responsibility for the information contained in this Supplement.
More informationKey Investor Information
Key Investor Information This document provides you with the key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature
More informationRisk Disclosure Notice
Risk Disclosure Notice 1. General 1.1 In this Risk Disclosure Notice, "we", "our" or "us" shall mean VARIANSE, where VARIANSE is a trading name of VIBHS Financial Ltd, a company registered in England and
More informationKey Information Document
2018 Key Information Document ONE GLOBAL MARKET LIMITED Purpose This document provides you with the key information about this investment product. It is not marketing material. The information is required
More informationPrudence Inheritance Bond. Fund Guide. Formerly Wealth Preservation Bond
Prudence Inheritance Bond Fund Guide Formerly Wealth Preservation Bond This fund guide includes a list of funds that are available with our Prudence Inheritance Bond (formerly Wealth Preservation Bond).
More informationPortfolio Construction
Portfolio Construction The benefits of portfolio diversification with ETFs 2 ETF Securities Investment building blocks for a changing world Portfolio Construction 3 In a world where investors are seeking
More informationPROSPECTUS ALPS ETF Trust
ALPS ETF Trust PROSPECTUS 03.31.14 VelocityShares Tail Risk Hedged Large Cap ETF (NYSE ARCA: TRSK) VelocityShares Volatility Hedged Large Cap ETF (NYSE ARCA: SPXH) An ALPS Advisors Solution The Securities
More informationT R A N S I T I O N M A N A G E M E N T
Insights on... T R A N S I T I O N M A N A G E M E N T U N D E R S T A N D I N G A N D E V A L U A T I N G I N T E R I M I N V E S T M E N T M A N A G E M E N T S O L U T I O N S Ben Jenkins Transition
More informationEXCHANGE TRADED FUNDS
INVESTOR INSIGHT EXCHANGE TRADED FUNDS The Basics betashares.com.au OFFERING ACCESS TO ALMOST EVERY CORNER OF THE MARKET & EVERY MAJOR ASSET CLASS, EXCHANGE TRADED FUNDS NOW OFFER AUSTRALIAN INVESTORS
More informationRisks. Complex Products. General risks of trading. Non-Complex Products
We offer a wide range of investments, each with their own risks and rewards. The following information provides you with a general description of the nature and risks of the investments that you can trade
More informationBeyond active vs passive
Beyond active vs passive Barbara Vintcent For professional clients / qualified investors only Why The Art of Indexing? Institutional US domiciled funds: AUM split by ETPs, index and active funds 100% Institutional
More informationNotes and Reading Guide Chapter 15 Mutual Funds
Notes and Reading Guide Chapter 15 Mutual Funds Name: 1. A mutual fund is an investment that from investors, the money, and invests it in,, and other investments. Each investor owns a of the fund proportionate
More informationRisk Managed Passive Range Guide. An introduction to the Risk Managed Passive range
Risk Managed Passive Range Guide An introduction to the Risk Managed Passive range An introduction to the Risk Managed Passive range This brochure covers the main features of our Risk Managed Passive range
More informationETFs as Investment Options in DC Plans CONSIDERATIONS FOR PLAN SPONSORS
PRICE PERSPECTIVE August 2017 In-depth analysis and insights to inform your decision-making. ETFs as Investment Options in DC Plans CONSIDERATIONS FOR PLAN SPONSORS EXECUTIVE SUMMARY The exchange-traded
More informationFTSE 100 SUPERTRACKER PLAN MARCH 2017 PLAN 211
FTSE 100 SUPERTRACKER PLAN MARCH 2017 PLAN 211 key dates Offer Closing Date 22 March 2017 Investment Start Date 24 March 2017 Maturity Date 24 March 2023 plan details 5 Times Growth Multiplier Plan offers
More informationPrincipal Officers Association November 16 th Exchange Traded Funds (ETFs) Alex Johnstone Country Manager, South Africa
Principal Officers Association November 16 th 2010 Exchange Traded Funds (ETFs) Alex Johnstone Country Manager, South Africa Agenda An Introduction to ETFs The Global Landscape The Local Landscape ETF
More informationMore than simply tracking the market. A guide to passive fund management. For professional clients only
More than simply tracking the market A guide to passive fund management For professional clients only Over recent years, there has been a rapid growth in inflows into passive investments, such as index
More information