13 new equity ETFs on London Stock Exchange with 0% fees … ETF Securities, the global pioneer and market leader in Exchange Traded Commodities (ETCs) will launch it’s first ever platform of equity index tracking Exchange Traded Funds (ETF) on the London Stock Exchange (LSE) a 0% Total Expense Ratio (TER) until 31 January 2009. The ETF offering provides access to some of the most important investment themes in world financial markets. The new ETFs will complement ETF Securities’ existing suite of ETCs which provide investors with direct long, short and leveraged exposure to world commodity markets.
In conjunction with the launch of our new platform, all ETFs offered by ETF Securities will have a 0% TER until the 31st January 2009. We hope that this launch offer will be well received by the market and make what is already a very exciting suite of ETFs, even more attractive to investors.
ETF Securities enters the European equity ETF market on the back of strong client demand for investment themes that have not been possible to implement using ETCs. Industry sectors such as Water, Coal, Steel, Shipping, Alternative Energy and Nuclear are currently not available through ETCs due to the difficulties in getting exposure to the underlying asset.
Source:ETFWorld.co.uk – ETF Securities Ltd