FundsNetwork launches ETFs for Advisers
Posted on: 14 Jun 2012 by James Farmer

• Credit Suisse, ETF Securities, HSBC and iShares are the first set of providers of physically-backed ETFs available on the platform
• 50 ETFs will be available from the 18^th June on FundsNetwork
• Further ETF providers to be added to the platform throughout the year

 

An initial range of 50 physically-backed Exchange Traded Funds (ETFs) from four leading providers; Credit Suisse, ETF Securities, HSBC and iShares will be available for investment on Fidelity FundsNetwork™ on the 18^th June.

ETFs will be available alongside all of the other funds on the platform in a fully integrated way, with FundsNetwork providing advisers with a single view of their clients onshore, offshore and ETF holdings. All trading for ETFs on the platform will be carried out using J.P. Morgan’s execution service.

The addition of ETFs follows the announcement at the end of March that FundsNetwork was the first major platform to launch unbundled pricing alongside its existing bundled pricing model.

 

David White, Head of FundsNetwork, comments: “When we launched our unbundled pricing capability in Q1 we committed to delivering the first range of ETF investments in Q2. Advisers told us that physically-backed ETFs were their preference and so we have selected four leading providers in this space, providing access to a broad range of market indices and commodities. We will look to add further ETFs over the course of the year.”

 

John Chapman, Managing Director at Torquil Clark, comments: “It’s a progressive step to add ETFs to the platform with a separate explicit charge. The integration of such instruments is an indication of a broadening proposition prior to the introduction of RDR. Physical replication is also perceived as being less risky than synthetic exposure.”

The 50 ETFs available from the 18^th June are:

Credit Suisse

CS ETF (IE) on FTSE 100

CS ETF (IE) on MSCI Australia (London Stock Exchange)

CS ETF (IE) on MSCI Europe

CS ETF (IE) on MSCI Japan

CS ETF (IE) on Japan Small Cap

CS ETF (IE) on MSCI Pacific ex Japan (London Stock Exchange)

ETF Securities

ETFS Physical Gold (London Stock Exchange)

ETFS Physical PM Basket

HSBC

HSBC FTSE 100 ETF

HSBC FTSE 250 ETF

HSBC MSCI Brazil ETF

HSBC MSCI Emerging Markets ETF

HSBC MSCI Russia Capped ETF

HSBC MSCI China ETF

HSBC MSCI Europe ETF

HSBC MSCI Japan ETF

HSBC MSCI Pacific ex Japan ETF

HSBC MSCI USA ETF

HSBC MSCI World ETF

HSBC S&P 500 ETF

iShares:

iShares Barclays Capital £ Index-Linked Gilts

iShares Barclays Capital Emerging Markets Local Govt Bond

iShares Barclays Capital Global Inflation-Linked Bond

iShares DJ Asia/Pacific Select Dividend 30

iShares Dow Jones Emerging Markets Select Dividend

iShares FTSE 100

iShares FTSE 250

iShares FTSE BRIC 50

iShares FTSE China 25

iShares FTSE EPRA/NAREIT Asia Property Yield Fund

iShares FTSE EPRA/NAREIT Developed Market Property

iShares FTSE EPRA/NAREIT UK Property Fund

iShares FTSE EPRA/NAREIT European Property Index Fund

iShares FTSE Gilts UK 0-5

iShares FTSE UK All Stocks Gilt

iShares FTSE UK Dividend Plus

iShares MSCI World Islamic

iShares Markit iBoxx $ Capped High Yield

iShares Markit iBoxx £ Corporate 1-5 Year

iShares Markit iBoxx £ Corporate Bond

iShares Markit iBoxx £ Corporate Bond ex-Financials

iShares MSCI AC Far East ex-Japan

iShares MSCI Brazil

iShares MSCI Emerging Markets

iShares MSCI Europe ex-UK

iShares MSCI Japan

iShares MSCI World

iShares Physical Gold ETC

iShares S&P 500 (IUSA)

iShares S&P Commodity Producers Gold

 

Tags: credit suisse | etf investments | exchange traded funds | execution service | explicit charge | fidelity fundsnetwork | ftse 100 | HSBC | initial range | ishares | j p morgan | john chapman | london stock exchange | market indices | msci | pricing model | progressive step | q1 | replication | torquil clark