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SPA ETFs – SPA MarketGrader Large Cap


SPA MarketGrader Large Cap

Type: Exchange traded fund

Aim: Growth by tracking the MarketGrader Large Cap index of US stocks

Minimum investment: One share – negotiable with stockbroker

Investment split: 100% tracking the MarketGrader Large Cap index

Place of registration: Dublin

Isa link: Yes

Pep transfers: Yes

Charges: Annual 0.85%

Commission: None

Tel: 020 7396 3270


Axa to double protection sales team

Axa is set to double its protection sales team by the end of the year to accommodate increased demand from advisers.Axa says its adviser sales have increases significantly in 2007 and the new recruits will support further growth as well as allow the team to build closer relationships with individual advisers.The firm is searching for […]

Lehman warns CGT changes could wipe 10% off life company values

Lehman Brothers says the impact of changes to capital gains tax in the pre-Budget report could wipe up to 10 per cent off the value of life companies.Insurance analyst Ned Cazalet says the impact could be even worse and says half of all lump-sum new business is under threat following the PBR changes to CGT […]

Stamp duty tax increasing at five times rate of UK salaries

Stamp duty tax is increasing at five times the rate of UK salaries, Stroud & Swindon Building Society has found.Annual gross income in the UK rose by 54.3 per cent in the last 10 years, whilst the stamp duty bill on the average UK property rose by 289.2 per cent in the same period.Stroud & […]

Conference calling

Another year, another set of party conferences. MM readers are lucky to have had an erstwhile reporter doing the rounds at all three conferences, not missing a single meeting on financial services and madly filing their copy from the bowels of the Brighton, Blackpool and Bournemouth conference hotels.

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]


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