View more on these topics

iShares expands into US

iShares, part of Barclays Global Investors, has established an exchange traded fund that tracks the S&P 500 index, which consists of the largest companies in the US.

This exchange traded fund is the 13th fund in the iShares stable and is the first of these to provide investors with exposure to the US. It aims to produce capital growth by investing in the companies that make up the index, which include Apple Computers, Coca-Cola, Disney and Nike.

Investors&#39 money is pooled to buy shares in the listed companies, as do unit trusts, Oeics and investment trusts with a US bias. However, exchange traded funds are more flexible in that they can be traded on stock exchanges like conventional shares in a single company. This allows investors to get in and out of the market quickly, while diversifying across a range of industrial sectors.

iShares S&P 500 may appeal to experienced investors who already have actively managed funds in their portfolio and who want to add a country-specific tracker fund with a twist.

The US stockmarket suffered towards the end of last year and although the outlook is more positive now, the future is still uncertain. The passive management style of exchange traded funds could be a disadvantage in the current climate because there is no scope to deviate from the index to improve returns. But investors stand to reap the rewards if the index is on the cusp of an upward cycle.


NDF recovers a second time

NDF Administration has introduced the second issue of its recovery growth plan, a guaranteed equity bond that allows investors to receive 100 per cent of any rise in the FTSE 100 index over a five-year term.Investors will also get their original capital returned in full unless the FTSE 100 index falls by more than 50 […]

L&G roll out third protected portfolio

Legal & General has introduced the third issue of protected portfolio, a capital protected Isa that has a five-year term.Protected portfolio III is linked to a portfolio of 30 stocks that are taken from the largest companies in the UK. These include companies like GlaxoSmithKline, Next, Dixons, Reuters and Vodafone.The return investors receive is based […]

iShares – iShares S&P 500

Friday, March 22, 2002 Type: Exchange traded fund Aim: Growth by tracking the S&P 500 index Minimum investment: Subject to negotiation with stockbroker Maximum investment: No maximum Investment split: 100% tracking the S&P 500 index Place of registration: Dublin Isa link: Yes Pep transfers: Yes Charges: Annual 0.35% Commission: None Tel: 020 7668 8007

Keith Carby

Lives: Near Swindon, WiltshireBorn: September 14, 1946Age: 55Education: Swanwick Hall Grammar School, Derbyshire, first in chemistry from Hull University, postgraduate courses at three other universities.Career: Research Assistant, London University, 1973-75, executive at Institute of Personnel Management, 1975-77, assistant director Ashridge College, 1977-81, Hambro Life/Allied Dunbar 1981-90, J Rothschild 1991-98Career ambition: To make Inter-Alliance what it […]

Artemis Global Income: favouring Europe over the US

With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm