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Exchange Traded Funds
Exchange Traded Funds, or ETFs, are pooled funds that are traded on the stock exchanges around the world in exactly the same way as stocks and shares. They are neither Unit Trusts nor Investment Trusts, but are a new type of investment which was first traded in the US in 1993 and launched in the UK in late 2000.
Each fund is set up to track the performance of an index or market sector by buying all the underlying stocks in proportion to their weighting. Effectively, each ETF is combining the performance of the traditional tracker funds with the flexibility of ordinary shares.
| Five key benefits to Exchange Traded Funds with Halifax Share Dealing |
| 1. Highly competitive dealing charges - deal online for only £11.95 (excluding international deals) or over the telephone from £15 |
| 2. Deal online - access your account 24/7, 365 days a year |
| 3. No stamp duty to pay on ETFs - the fund managers have already paid duty when buying the underlying shares |
| 4. Reduced exposure to the risks associated with trading single shares |
| 5. Low annual management costs compared to other pooled investments - these costs are already built into the fund price therefore there are no additional charges. |
Open an account with Halifax Share Dealing and have access to our new Market Information Centre to find out all you need to know to invest in ETFs with confidence!
Opening Your Account
Your Halifax Share Dealing Account can be opened with a £100 initial deposit. This can then be invested into any eligible investment of your choice.
Transfer from your existing UK stock broker- Find out more about how to transfer from your existing UK stock broker to a Halifax Share Dealing account!
Next Steps
|
Apply online for an account - it only takes a few minutes |
Telephone our UK based call centre on 08457 22 55 25* to find out more (lines are open 8am - 9.15pm Monday to Friday and 9am -1pm Saturday excluding English Bank Holidays.)
Please remember the value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested. If you're in any doubt about the suitability of any of our products, or whether to buy or sell shares, you should consult an appropriate Financial Adviser.
Click here to view our Regulatory Information
Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. Call price correct as of 28th October 2008.
