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Our investments

When you invest with Nutmeg, we construct your portfolio for you, principally using a mix of exchange traded funds — ETFs. These provide an easy way to gain exposure to a pool of investments without having to buy each one individually. They can track a share index, such as the FTSE 100, and they can give you exposure to assets like Government and corporate bonds. They can also invest in specific sectors such as precious metals or forestry which can be difficult for individual investors to access.

Our investment team chooses from a universe of over 1,800 ETFs. We consider many factors in choosing our investments and favour physically backed ETFs with high liquidity and good tracking performance. The investments in our portfolios are reviewed regularly to ensure they're the most suitable for our customers' needs.

The list below includes investments we currently use as well as those we may have used in the past.

Developed Equities

Shares in companies listed on the stock exchanges of developed markets, ranging from the United States to New Zealand.

Provider: JPMorgan

JPMorgan BetaBuilders US Small Cap Equity UCITS ETF

Benchmark

Morningstar US Small Cap Target Market Exposure Index

Description

This ETF aims to track the performance of the Morningstar US Small Cap Target Market Exposure Index, providing diversified exposure to smaller US companies.

Investment team comments

This ETF aims to track the performance of the Morningstar US Small Cap Target Market Exposure Index, providing diversified exposure to companies in the 86th-95th percentile of the US stock market by market capitalisation. The Morningstar index aims to invest only in the 75% most liquid stocks in the US Stock market.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.14%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI EMU Small Cap UCITS ETF

Benchmark

MSCI EMU SmallCap Net Total Return

Description

The ETF aims to track the performance of the MSCI EMU Small Cap Index, comprised of smaller capitalisation companies from developed markets within the Eurozone.

Investment team comments

This ETF provides access to small cap Eurozone equities. For investors with less concern for short term volatility, exposure to smaller companies can provide the opportunity for higher long term returns.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe ex UK

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.58%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Core MSCI EMU UCITS ETF

Benchmark

MSCI EMU Index

Description

This ETF aims to track the performance of the MSCI EMU Index. It provides exposure to over 230 companies in the 11 countries of the Eurozone with the largest holdings in France, Germany and Spain.

Investment team comments

This ETF enables us to invest across the broad range of companies in the Eurozone.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI EMU UCITS ETF

Benchmark

MSCI EMU Net Return GBP hedged

Description

This ETF aims to track the performance of the MSCI EMU Index, independent of movements in the pound/euro exchange rate (currency hedged). It provides exposure to the 11 countries of the Eurozone with the largest holdings in France, Germany and Spain.

Investment team comments

This ETF enables us to invest across the broad range of companies in the Eurozone, while eliminating euro currency risk.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Nasdaq 100 UCITS ETF

Benchmark

NASDAQ-100 Notional Net Total Return

Description

This ETF aims to track the performance of the Nasdaq-100 Notional Net Total Return Index. It provides exposure to the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalisation.

Investment team comments

This ETF enables diversified exposure to US equities with a particular focus on the technology sector and high growth companies. This ETF provides an efficient and diverse way to invest in high growth industries and companies, covering major sub-industry groups including computer hardware, software, telecommunications and retail.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.33%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Amundi

Amundi MSCI Pacific ex Japan SRI PAB UCITS ETF

Benchmark

MSCI Pacific ex Japan SRI Filtered PAB

Description

This ETF aims to track the performance of the MSCI Pacific ex Japan SRI Filtered PAB Index.

Investment team comments

This ETF enables us to gain exposure to companies in the Pacific region with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Asian Pacific Region ex Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Core MSCI Pacific Ex Japan UCITS ETF

Benchmark

MSCI Daily Net Pacific Ex Japan Net Total Return

Description

This ETF aims to track the MSCI Pacific ex Japan Index which is designed to measure the performance of the largest companies in Australia, Hong Kong, Singapore and New Zealand.

Investment team comments

These Pacific economies have impressive combinations of abundant natural resources, large educated workforces and huge regional markets. Companies in this index hope to exploit these factors to produce excellent returns for investors.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Asian Pacific Region ex Japan

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI Canada UCITS ETF

Benchmark

MSCI Canada

Description

This ETF aims to track the MSCI Canada Index, consisting of the largest Canadian stocks.

Investment team comments

This ETF enables us to invest in the largest part of the Canadian stock market. The Canadian stock market is dominated by financial and energy stocks. The Canadian dollar is known as a 'Commodities & Natural Resources currency' (due to the high level of Commodities & Natural Resources exports).

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Canada

Traded / Risk currency

GBP / CAD

Total expense ratio (TER)

0.48%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Core S&P500 UCITS ETF

Benchmark

S&P 500 Net Total Return

Description

This ETF aims to track the performance of the Standard & Poor 500 Index based on the top 500 publicly traded American companies.

Investment team comments

The S&P 500 Index contains many of the largest companies in the world and benefits from the exposure to a broad range of market sectors. This ETF presents good value, gaining access to US equity exposure at low cost.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI USA Small Cap ESG Enhanced UCITS ETF

Benchmark

MSCI USA Small Cap ESG Enhanced Focused CTB Index

Description

This ETF aims to track the MSCI USA Small Cap ESG Enhanced Focus CTB Index, offering lower carbon and improved ESG exposure to US Small Cap companies.

Investment team comments

Compared to large cap stocks, small companies tend to have a greater focus to the domestic economy. This ETF provides improved ESG and lower carbon exposure to US Small Cap companies, while maintaining diversified and similar exposure to the broad US Small Cap market.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.43%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: State Street

SPDR MSCI World Energy UCITS ETF

Benchmark

MSCI World Energy Index

Description

This ETF aims to track the performance of large and medium sized companies within the energy sector of developed markets.

Investment team comments

This ETF provides a low cost route to gain exposure to energy related equities across developed markets.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Invesco

Invesco Nasdaq 100 UCITS ETF (GBP hedged)

Benchmark

NASDAQ-100 Notional Net Total Return GBP hedged

Description

This ETF aims to track the performance of the Nasdaq-100 Notional Net Total Return Index. It provides GBP hedged exposure to the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalisation.

Investment team comments

This ETF provides GBP hedged and diversified exposure to US equities with a particular focus on the technology sector and high growth companies. The fund presents a diverse way to invest in high growth industries and companies, covering major sub-industry groups including computer hardware, software, telecommunications and retail.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.35%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Invesco

Invesco Nasdaq-100 UCITS ETF

Benchmark

NASDAQ-100 Notional Net Total Return

Description

This ETF aims to track the performance of the Nasdaq-100 Notional Net Total Return Index. It provides exposure to the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalisation.

Investment team comments

This ETF provides diversified exposure to US equities with a particular focus on the technology sector and high growth companies. The fund presents a diverse way to invest in high growth industries and companies, covering major sub-industry groups including computer hardware, software, telecommunications and retail.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI EMU Socially Responsible GBP Hedged UCITS ETF

Benchmark

MSCI EMU SRI Low Carbon Select 5% Issuer Capped GBP hedged

Description

This ETF aims to track the performance of the MSCI EMU SRI Low Carbon Select 5% Issuer Capped Index

Investment team comments

This ETF enables us to access companies in the Eurozone with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.27%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Core S&P 500 GBP Hedged UCITS ETF

Benchmark

S&P 500 Net Total Return GBP hedged

Description

This ETF aims to track the performance of the S&P 500 index. It provides GBP hedged exposure to 500 of the largest US stocks.

Investment team comments

The S&P 500 Index contains many of the largest companies in the world and benefits from the exposure to a broad range of market sectors. This ETF presents good value, gaining access to hedged US equity exposure at low cost.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI Japan GBP Hedged UCITS ETF

Benchmark

MSCI Japan 100% Hedged to GBP

Description

This ETF aims to track the performance of the MSCI Japan 100% Hedged to GBP Index as closely as possible. The index covers 85% of leading Japanese equity securities.

Investment team comments

Japan is the second largest stock market in the world, after the US. A broad range of stocks are listed on the exchange, giving exposure to both domestic and export-orientated companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.64%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares FTSE 100 UCITS ETF

Benchmark

FTSE 100 Net Tax

Description

This ETF aims to track the performance of the FTSE 100 which comprises of 100 of the largest companies in the UK.

Investment team comments

For any UK-based investor, any stock market holdings are likely to contain an exposure to the largest 100 companies listed in the UK. This ETF delivers exceptional value for money, whilst also delivering very reliable performance.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI Japan Small Cap UCITS ETF

Benchmark

MSCI Japan Small Cap Net Total Return

Description

This ETF aims to track the performance of small cap Japanese stocks included in the MSCI Japan Small Cap Index.

Investment team comments

This ETF provides access to small cap Japanese equities. For investors with less concern for short term volatility, exposure to smaller companies can provide the opportunity for higher long term returns.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.58%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares S&P SmallCap 600 UCITS ETF

Benchmark

S&P SmallCap 600 Net Total Return

Description

This ETF aims to track the Standard & Poor’s SmallCap 600 Index, offering exposure to 600 small US-listed companies.

Investment team comments

Compared to large cap stocks, small companies have a greater focus to the domestic economy. Compared to the S&P 500 index, which tracks the top 500 companies in the US, this index offers a more diverse range of companies. That said, small-company stocks are much more risky than large companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Core MSCI World UCITS ETF

Benchmark

MSCI World

Description

This fund aims to track the performance of the MSCI World Index.

Investment team comments

This ETF provides diversified large and mid cap exposure across global equities, covering 23 developed market countries and over 1500 underlying stocks.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: JPMorgan

JPMorgan Europe Research Enhanced Index Equity ESG UCITS ETF

Benchmark

MSCI Europe

Description

This fund aims to achieve a long-term return in excess of the MSCI Europe Index by actively investing primarily in a portfolio of European companies.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan Global Research Enhanced Index Equity ESG (GBP Hedged) UCITS ETF

Benchmark

MSCI World GBP Hedged

Description

This fund aims to achieve a long-term return in excess of the MSCI World Index by actively investing primarily in a portfolio of companies, globally. At the same time the fund hedges non-GBP currency exposure.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index and reducing exposure to non-GBP currencies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan Global Research Enhanced Index Equity ESG UCITS ETF

Benchmark

MSCI World

Description

This fund aims to achieve a long-term return in excess of the MSCI World Index by actively investing primarily in a portfolio of companies, globally.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: iShares

iShares MSCI Japan SRI UCITS ETF (GBP Hedged)

Benchmark

MSCI Japan SRI Select Reduced Fossil Fuel

Description

This ETF aims to track the performance of the MSCI Japan SRI Reduced Fossil Fuels Index while minimising exposure to non-GBP currencies.

Investment team comments

This ETF provides exposure to companies in Japan with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests. The fund aims to reduce exposure to non-GBP currencies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: JPMorgan

JPMorgan Japan Research Enhanced Index Equity ESG UCITS ETF

Benchmark

MSCI Japan

Description

This fund aims to achieve a long-term return in excess of the MSCI Japan Index by actively investing primarily in a portfolio of European companies.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan UK Equity Core UCITS ETF

Benchmark

FTSE All-Share Index

Description

This ETF aims to achieve a long-term return in excess of the FTSE All-Share Index by actively investing primarily in a portfolio of UK companies.

Investment team comments

This ETF leverages JPMorgan's fundamental research insights and quantitative analysis, which involves gathering information on firms, their competitors and engaging in discussions with a wide range of participants and experts in the relevant industry, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan US Research Enhanced Index Equity ESG UCITS ETF

Benchmark

S&P 500

Description

This fund aims to achieve a long-term return in excess of the S&P 500 Index (Total Return Net) by actively investing primarily in a portfolio of US companies.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: Lyxor

Lyxor Core MSCI Japan UCITS ETF (GBP Hedged)

Benchmark

MSCI Japan Net Return GBP hedged

Description

This ETF aims to track the performance of the MSCI Japan MSCI Japan Daily Hedged to GBP Index as closely as possible. The index covers 85% of leading Japanese equity securities.

Investment team comments

Japan is the second largest stock market in the world, after the US. A broad range of stocks are listed on the exchange, giving exposure to both domestic and export-orientated companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Lyxor

Lyxor Core MSCI Japan UCITS ETF

Benchmark

MSCI Japan Net Return

Description

This ETF aims to track the performance of the MSCI Japan Index as closely as possible. The index covers 85% of leading Japanese equity securities.

Investment team comments

Japan is the second largest stock market in the world, after the US. A broad range of stocks are listed on the exchange, giving exposure to both domestic and export-orientated companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares FTSE 250 UCITS ETF

Benchmark

FTSE 250 Total Return

Description

This ETF aims to track the performance of the FTSE 250 index. The FTSE 250 is made up of the largest 250 UK stocks outside the FTSE 100, commonly known as 'mid-caps'.

Investment team comments

The FTSE 250 contains a broad mix of holdings and is not dominated by a few companies or sectors, unlike the FTSE 100. Over the long-term mid-sized UK companies have historically outperformed large UK companies, albeit with a higher level of risk.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: State Street

SPDR Russell 2000 U.S. Small Cap UCITS ETF

Benchmark

Russell 2000 Net Return

Description

This ETF aims to track the performance of the Russell 2000 index, which provides exposure to 2000 small cap US companies.

Investment team comments

Compared to large cap stocks, small companies have a greater focus to the domestic economy. Compared to the S&P 500 index, which tracks the top 500 companies in the US, this index offers a more diverse range of companies at the heart of the real US economy. That said, small-company stocks are much more risky than large companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS MSCI USA Socially Responsible UCITS ETF

Benchmark

MSCI USA SRI Low Carbon Select 5% Issuer Capped Index

Description

This ETF aims to track the MSCI USA Socially Responsible 5% Issuer Capped Index.

Investment team comments

This ETF provides exposure to US companies with outstanding environmental, social and governance ratings whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.22%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI World Socially Responsible UCITS ETF

Benchmark

MSCI World SRI Low Carbon Select 5% Capped Select Net

Description

This ETF aims to track the performance of the MSCI World SRI Low Carbon Select 5% Capped Select Net Index.

Investment team comments

This ETF provides exposure to companies with outstanding environmental, social and governance ratings across both developed and emerging equity markets, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.22%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI USA Socially Responsible GBP Hedged ETF

Benchmark

MSCI USA SRI Low Carbon Select 5% Capped GBP hedged

Description

This ETF aims to track the MSCI USA SRI Low Carbon Select 5% Capped in a GBP hedged manner.

Investment team comments

This ETF provides exposure to US companies with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI World Socially Responsible UCITS ETF

Benchmark

MSCI World SRI Low Carbon Select 5% Capped Select Net Total Return GBP hedged

Description

This ETF aims to track the performance of the MSCI World SRI Low Carbon Select 5% Capped Select Net GBP Hedged Index.

Investment team comments

This ETF provides exposure to companies with outstanding environmental, social and governance ratings across both developed and emerging equity markets, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.27%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI USA SRI (GBP Hedged) UCITS ETF

Benchmark

MSCI USA SRI Select Reduced Fossil Fuel Index

Description

This ETF aims to track the performance of the MSCI USA SRI Select Reduced Fossil Fuel Index in a GBP hedged manner.

Investment team comments

This ETF offers GBP hedged exposure to companies in the United States with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI Japan SRI UCITS ETF

Benchmark

MSCI Japan SRI Select Reduced Fossil Fuel

Description

This ETF aims to track the performance of the MSCI Japan SRI Reduced Fossil Fuels Index.

Investment team comments

This ETF provides exposure to companies in Japan with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI USA SRI UCITS ETF

Benchmark

MSCI USA SRI Select Reduced Fossil Fuel

Description

This ETF aims to track the performance of the MSCI USA SRI Select Reduced Fossil Fuel Index

Investment team comments

This ETF offers exposure to companies in the United States with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI Japan UCITS ETF (GBP Hedged)

Benchmark

MSCI Japan 100% Hedged to GBP

Description

This ETF aims to track the performance of the MSCI Japan 100% Hedged to GBP Index as closely as possible. The index covers 85% of leading Japanese equity securities.

Investment team comments

Japan is the second largest stock market in the world, after the US. A broad range of stocks are listed on the exchange, giving exposure to both domestic and export-orientated companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.29%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI Canada UCITS ETF

Benchmark

MSCI Canada Net Total Return

Description

This ETF aims to track the MSCI Canada Index, consisting of the largest Canadian stocks.

Investment team comments

This ETF enables us to invest in the largest part of the Canadian stock market. The Canadian stock market is dominated by financial and energy stocks. The Canadian dollar is known as a 'Commodities & Natural Resources currency' (due to the high level of Commodities & Natural Resources exports).

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Canada

Traded / Risk currency

GBP / CAD

Total expense ratio (TER)

0.33%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI EMU Socially Responsible UCITS ETF

Benchmark

MSCI EMU SRI Low Carbon Select 5% Issuer Capped

Description

This ETF aims to track the performance of the MSCI EMU SRI Low Carbon Select 5% Issuer Capped Index

Investment team comments

This ETF enables us to access companies in the Eurozone with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.22%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI EMU Small Cap UCITS ETF

Benchmark

MSCI EMU Small Cap Net Total Return

Description

The ETF aims to track the performance of the MSCI EMU Small Cap Index, comprised of smaller capitalisation companies from the 10 developed markets within the Eurozone.

Investment team comments

This ETF provides access to small cap Eurozone equities. For investors with less concern for short term volatility, exposure to smaller companies can provide the opportunity for higher long term returns.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe ex UK

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.33%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI Canada UCITS ETF

Benchmark

MSCI Canada GBP hedged

Description

This ETF aims to track the MSCI Canada GBP Hedged index, consisting of the largest Canadian stocks, independent of movements in the pound/euro exchange rate (currency hedged)

Investment team comments

This ETF enables us to invest in the largest part of the Canadian stock market, while eliminating CAD currency risk. The Canadian stock market is dominated by financial and energy stocks. The Canadian dollar is known as a 'Commodities & Natural Resources currency' (due to the high level of Commodities & Natural Resources exports), and because of the volatility that can be associated with this we have chosen to hedge against movements in the value of the currency.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Canada

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.43%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged)

Benchmark

MSCI Switzerland 20/35 GBP hedged

Description

This ETF aims to track the MSCI Switzerland 20/35 Index, independent of movements in the pound/euro exchange rate (currency hedged). The index provides a more diverse exposure to the largest Swiss stocks, limiting the largest holding to 35% and all other holdings to a maximum of 20%.

Investment team comments

This ETF enables us to invest in the Swiss stock market, while eliminating CHF currency risk. The Swiss stock market is home to some of the most well known global brands, such as Nestle, Novartis and UBS. However, the market is dominated by several large names, with the top ten largest stocks accounting for most of the exposure. This ETF looks to limit the exposure to the larger companies in a sensible and pragmatic manner.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Switzerland

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares S&P 500 Financials Sector UCITS ETF

Benchmark

S&P 500 Capped 35/20 Financial Services Net Total Return

Description

This ETF aims to track the performance of the S&P 500 Capped 35/20 Financial Services. The index consists of all financial services organisations included within the wider S&P 500 index.

Investment team comments

The financial sector plays a key role in the global economy, none more so than in the United States. As the US economy continues to strengthen, financial services businesses will play an important role through the provision of loans, insurance and other financial services products to US consumers and businesses. This ETF provides a very low cost and efficient way to access the financial services sector in the United States, which includes many globally focused financial services organisations such as banks and insurance companies, listed on the US stock market.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.15%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF

Benchmark

MSCI UK IMI Extended SRI Low Carbon Select 5% Issuer Capped

Description

This ETF aims to track the performance of the MSCI UK IMI Extended SRI Low Carbon Select 5% Issuer Capped Index

Investment team comments

This ETF allows us to access companies in the United Kingdom with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.23%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard FTSE Developed Europe ex UK UCITS ETF

Benchmark

FTSE Developed Europe ex.UK Net Tax

Description

This ETF aims to track the performance of the FTSE Developed Europe ex. UK Index. It provides exposure to 15 European countries (excluding the UK) with the largest holdings in France, Germany and Switzerland.

Investment team comments

The fund enables us to gain broad exposure to a diverse range of European companies across Europe. Whilst a large part of the exposure is to the dominant economic countries of Germany, Switzerland and France, the fund also includes exposure to the wider continental European economy.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe ex UK

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard FTSE Japan UCITS ETF

Benchmark

FTSE Japan

Description

This ETF aims to track the performance of the FTSE Japan Index as closely as possible. The index covers 99% of leading Japanese equity securities.

Investment team comments

Japan is the second largest stock market in the world, after the US. A broad range of stocks are listed on the exchange, giving exposure to both domestic and export-orientated companies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Japan

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.15%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard FTSE 250 UCITS ETF

Benchmark

FTSE 250 Net Total Return

Description

This ETF aims to track the performance of the FTSE 250 index. The FTSE 250 is made up of the largest 250 UK stocks outside the FTSE 100, commonly known as 'mid-caps'.

Investment team comments

The FTSE 250 contains a broad mix of holdings and is not dominated by a few companies or sectors, unlike the FTSE 100. Over the long-term mid-sized UK companies have historically outperformed large UK companies, albeit with a higher level of risk.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard FTSE 100 UCITS ETF

Benchmark

FTSE 100 Net Tax

Description

This ETF aims to track the performance of the FTSE 100 which comprises of 100 of the largest companies in the UK.

Investment team comments

For any UK-based investor, any stock market holdings are likely to contain an exposure to the largest 100 companies listed in the UK. This ETF is an excellent example of how investing in ETFs can be extremely cost effective and deliver very reliable performance.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard S&P 500 UCITS ETF

Benchmark

S&P 500 Net Total Return

Description

This ETF aims to track the performance of the Standard & Poor 500 Index. The S&P 500 is based on the top 500 publicly traded American companies.

Investment team comments

The S&P 500 Index contains many of the largest companies in the world and benefits from the exposure to a broad range of market sectors. This ETF presents good value, gaining access to US equity exposure at low cost.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI World Energy Sector UCITS ETF

Benchmark

MSCI World Energy Index

Description

This ETF aims to track the performance of large and medium sized companies within the energy sector of developed markets.

Investment team comments

This ETF provides a low cost route to gain exposure to energy related equities across developed markets.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Developed Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers MSCI EMU Index UCITS ETF GBP Hedged

Benchmark

MSCI EMU Net Total Return GBP hedged

Description

This ETF aims to track the performance of the MSCI EMU Index, independent of movements in the pound/euro exchange rate (currency hedged). It provides exposure to the 11 countries of the Eurozone with the largest holdings in France, Germany and Spain.

Investment team comments

This ETF enables us to invest across the broad range of companies in the Eurozone, while eliminating euro currency risk. Investing across the Euro-area offers a very diverse range of companies and sectors, such as the industrials of Germany and the consumer companies of the Netherlands.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Europe

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.17%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers MSCI Nordic UCITS ETF

Benchmark

MSCI Nordic Net Total Return

Description

This ETF aims to track the performance of the MSCI Nordic Countries Index, providing exposure to companies across the Nordic region.

Investment team comments

This ETF enables us to gain broad exposure to a portfolio of large and medium sized companies from across the Nordic countries of Sweden, Denmark, Finland and Norway. Exposure to the Nordic economies allows us to diversify our European holdings and provides differentiated industry and currency exposure.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Nordic Region

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers S&P 500 GBP Hedged UCITS ETF

Benchmark

S&P 500 GBP hedged

Description

This ETF aims to track the performance of the S&P 500 GBP Hedged Index. It provides exposure to 500 of the largest US stocks while attempting to minimise currency risk by entering into forward foreign exchange contracts to 'hedge' US dollar currency exposure.

Investment team comments

The S&P 500 Index contains many of the largest companies in the world and benefits from the exposure to a broad range of market sectors. This ETF presents good value, gaining access to hedged US equity exposure at low cost.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers MSCI USA Index UCITS ETF

Benchmark

MSCI USA Net Total Return

Description

This ETF aims to track the MSCI USA index, which provides exposure to large and mid sized companies in the USA.

Investment team comments

The MSCI USA Index contains many of the largest companies in the world and benefits from the exposure to a broad range of market sectors. It includes a higher number of stocks than the S&P 500 index, with more medium sized businesses.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers MSCI Pacific ex Japan ESG Screened UCITS ETF

Benchmark

MSCI Pacific ex Japan Select ESG Screened Index

Description

This ETF aims to track the MSCI Pacific ex Japan Select ESG Screened Index which is designed to measure the performance of the largest companies in Australia, Hong Kong, Singapore and New Zealand.

Investment team comments

These Pacific economies have impressive combinations of abundant natural resources, large educated workforces and huge regional markets. Companies in this index hope to exploit these factors to produce excellent returns for investors. The index screens a small subset of the index that has the lowest ESG scores or are involved in certain business activities or controversies.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

Asian Pacific Region ex Japan

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: DWS

Xtrackers MSCI USA Financials UCITS ETF

Benchmark

MSCI USA Financials Net Return

Description

This ETF aims to track the performance of large and medium sized companies within the US financial sector.

Investment team comments

The financial sector plays a key role in the global economy, none more so than in the United States. As the US economy continues to strengthen, financial services businesses will play an important role through the provision of loans, insurance and other financial services products to US consumers and businesses. This ETF provides a very low cost and efficient way to access the financial services sector in the United States, which includes many globally focused financial services organisations such as banks and insurance companies, listed on the US stock market.

Characteristics

Asset class

Developed Markets Equities

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Emerging Market Equities

Shares in companies from developing economies, including China, South Korea and Brazil. These shares carry significantly more risk than companies in developed markets.

Provider: iShares

iShares Core MSCI Emerging Markets IMI UCITS ETF

Benchmark

MSCI EM Emerging Markets IMI Net Total Return

Description

This ETF aims to track the performance of the MSCI Emerging Markets IMI index providing exposure to large, mid and small cap companies in emerging market countries.

Investment team comments

This ETF provides exposure to a range of Emerging Market stocks, listed across 24 countries such as China, South Korea, Taiwan and India. The fund provides exposure to large, medium and small sized companies, covering 99% of emerging country stock markets for a peer group leading fee. This is one of the best value ETFs available for emerging market exposure in our view, providing access to 99% of the worlds emerging market stocks for a very low fee.

Characteristics

Asset class

Emerging Markets Equities

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.18%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: JPMorgan

JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF

Benchmark

MSCI Emerging Markets

Description

This fund aims to achieve a long-term return in excess of the MSCI Europe Index by actively investing primarily in a portfolio of emerging market companies.

Investment team comments

This ETF leverages JPMorgan's Research Enhanced Index approach, using in-depth stock specific insights from a global research team, seeking to outperform the underlying index after fees whilst maintaining a risk profile that closely resembles the index.

Characteristics

Asset class

Emerging Markets Equities

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.3%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: iShares

iShares MSCI EM SRI UCITS ETF

Benchmark

MSCI EM SRI Select Reduced Fossil Fuel Net Index

Description

This ETF aims to track the performance of the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped Index.

Investment team comments

This ETF offers exposure to companies across emerging markets with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Emerging Markets Equities

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: UBS

UBS MSCI Emerging Markets Socially Responsible UCITS ETF

Benchmark

MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped

Description

This ETF aims to track the performance of the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped Index.

Investment team comments

This ETF offers exposure to companies across emerging markets with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Emerging Markets Equities

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.27%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: DWS

Xtrackers MSCI Emerging Markets UCITS ETF

Benchmark

MSCI Emerging Markets Net Total Return

Description

This ETF aims to track the performance of the MSCI Emerging Markets Index.

Investment team comments

This ETF provides exposure to a range of Emerging Market stocks, listed across 24 countries such as China, South Korea, Taiwan and India. The fund provides exposure to large and medium sized companies, covering 85% of emerging country stock markets for a peer group leading fee. Growth in the underlying economies of many of these nations, mean they are well placed to deliver returns over the long term to investors who are comfortable with the higher volatility.

Characteristics

Asset class

Emerging Markets Equities

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.18%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Government Bonds Developed Markets

Government bonds which pay regular interest based on their face value. They are generally regarded as a very safe investment, unless the government becomes unable (or unwilling) to pay its debtors.

Provider: JPMorgan

JPMorgan BetaBuilders EUR Govt Bond UCITS ETF

Benchmark

JPMorgan EMU Government Bond Index Select Maturity

Description

This fund aims to provide an exposure to the performance of Euro-denominated bonds that have been issued by governments of Eurozone countries.

Investment team comments

This ETF provides a low cost and efficient way to diversify fixed income exposure. European government bonds are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: JPMorgan

JPMorgan BetaBuilders US Treasury Bond UCITS ETF

Benchmark

JPMorgan Government Bond Index United States Select Maturity

Description

This fund aims to provide an exposure to the performance of US Dollar-denominated fixed rate government bonds issued by the US Treasury.

Investment team comments

This ETF provides a low cost and efficient way to diversify fixed income exposure. US Treasuries are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Lyxor

Lyxor UK Government Bond 0-5Y UCITS ETF

Benchmark

FTSE Actuaries UK Gilts Under 5 Years

Description

This ETF aims to track the performance of UK government bonds (also known as gilts) with a term to maturity of zero to five years.

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. This ETF is also considerably better value than peers and provides reduced sensitivity to interest rates.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.05%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: Lyxor

Lyxor Core UK Government Bond UCITS ETF

Benchmark

FTSE Actuaries UK Conventional Gilts Total Return

Description

This ETF aims to track the performance of UK government bonds (also known as gilts).

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. This ETF is also considerably better value than peers.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.05%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: State Street

SPDR Bloomberg 15+ Year Gilt UCITS ETF

Benchmark

Bloomberg 15+ Year Gilt Total Return

Description

This ETF aims to track the Bloomberg 15+ Year Gilt index.

Investment team comments

This ETF provides exposure to longer maturity UK government bonds. Longer maturity bonds have a higher sensitivity to interest rates, known as 'duration'. This makes them a very useful defensive asset in portfolios.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.15%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares USD Treasury Bond 20+ Year UCITS ETF

Benchmark

ICE U.S. Treasury 20+ Year Total Return

Description

This ETF aims to track the performance of the ICE U.S. Treasury 20+ Years Bond Index, providing exposure to U.S. Treasury issued dollar denominated, fixed rate securities with a minimum term to maturity of greater than twenty years.

Investment team comments

This ETF provides exposure to longer maturity US Treasuries, considered amongst the safest investment assets available. This ETF provides a low cost and efficient way in diversifying fixed income exposure, as US Treasuries are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD Treasury Bond 1-3 Year UCITS ETF

Benchmark

ICE U.S. Treasury 1-3 Year Total Return

Description

This ETF aims to track the performance of the ICE U.S. Treasury 1-3 Year Bond Index, providing exposure to U.S. Treasury issued dollar denominated, fixed rate securities with a term to maturity between 1-3 years.

Investment team comments

This ETF provides exposure to shorter maturity US Treasuries, considered amongst the safest investment assets available. The fund provides a low cost and efficient way in diversifying fixed income exposure, as US Treasuries are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD Treasury Bond 20+ Year (GBP Hedged) UCITS ETF

Benchmark

ICE U.S. Treasury 20+ Years Bond Index

Description

This ETF aims to track the performance of the ICE U.S. Treasury 20+ Years Bond Index, providing exposure to U.S. Treasury issued dollar denominated, fixed rate securities with a minimum term to maturity of greater than twenty years. The fund hedges non-GBP currency exposure.

Investment team comments

This ETF provides exposure to longer maturity US Treasuries, considered amongst the safest investment assets available. This ETF provides a low cost and efficient way in diversifying fixed income exposure, as US Treasuries are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares UK Gilts 0-5 Year UCITS ETF

Benchmark

FTSE Actuaries UK Conventional Gilts up to 5 Years Index

Description

This ETF aims to track the performance of UK government bonds (also known as gilts) with a term to maturity of zero to five years.

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. This ETF is also considerably better value than peers and provides reduced sensitivity to interest rates.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Core UK Gilts UCITS ETF

Benchmark

FTSE Actuaries UK Conventional Gilts All Stocks Index

Description

This ETF aims to track the performance of UK government bonds (also known as gilts).

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. This ETF is also considerably better value than peers.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD Treasury Bond 7-10 Year (GBP Hedged) UCITS ETF

Benchmark

ICE US Treasury 7-10 Year Index

Description

This ETF aims to track the performance of the ICE U.S. Treasury 7-10 Year Bond Index, providing exposure to U.S. Treasury issued dollar denominated, fixed rate securities with a term to maturity between 7-10 years. The fund hedges non-GBP currency exposure.

Investment team comments

This ETF provides exposure to 7-10 Year US Treasuries, considered amongst the safest investment assets available. The fund provides a low cost and efficient way in diversifying fixed income exposure, as US Treasuries are highly liquid and considered one of the safest investment assets.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares GBP Index-Linked Gilts UCITS ETF

Benchmark

Bloomberg UK Govt Inflation-Linked All Maturities Index

Description

This ETF aims to track the performance of the Bloomberg UK Government Inflation-Linked Bond Index, in order to offer UK government bond exposure with inflation protection.

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. The bonds are inflation linked and so can protect investors from the negative effect of inflation.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares US TIPS GBP Hedged UCITS ETF

Benchmark

Bloomberg US Govt Inflation Linked Bonds Total Return GBP hedged

Description

This ETF aims to reflect the performance of the Bloomberg US Inflation Linked Bonds Index, in order to offer an exposure to the US Treasury Inflation Protected Securities (TIPS) market.

Investment team comments

US Treasury bonds are widely considered to be the safest asset class worldwide. Treasury inflation protected securities (TIPS) can protect investors from the negative effect of inflation. Inflation-linked bonds are popular with investors who are concerned with rising inflation. This ETF provides an efficient way to access this asset class in a GBP hedged manner.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: JPMorgan

JPMorgan BetaBuilders UK Gilt 1-5 Year UCITS ETF

Benchmark

JPMorgan Government Bond Index United Kingdom 1-5 Year Select Maturity

Description

This fund aims to provide exposure to the performance of Pound Sterling-denominated fixed rate UK government bonds with a maturity of between 1-5 years.

Investment team comments

UK Government bonds ('gilts') are regarded as one of the safest asset classes for UK investors. They offer investors modest returns at low levels of risk. Government bonds have produced abnormally good returns for investors over the past 20 years. Even though future returns from gilts are likely to be lower, they are useful tool in a diversified portfolio as government bonds typically rise in value when stock markets decline. This ETF is also considerably better value than peers and provides reduced sensitivity to interest rates.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.07%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: Lyxor

Lyxor Core US TIPS UCITS ETF

Benchmark

Bloomberg US Govt Inflation Linked Bonds Total Return

Description

This ETF aims to reflect the performance of the Bloomberg US Inflation Linked Bonds Index, in order to offer an exposure to the US Treasury Inflation Protected Securities (TIPS) market.

Investment team comments

US Treasury bonds are widely considered to be the safest asset class worldwide. Treasury inflation protected securities (TIPS) can protect investors from the negative effect of inflation. Inflation-linked bonds are popular with investors who are concerned with rising inflation. This ETF provides an efficient way to access this asset class.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Invesco

Invesco US Treasury 7-10 Year UCITS ETF

Benchmark

Bloomberg US Treasury 7-10 Year Total Return

Description

This ETF aims to track the performance of the Bloomberg U.S. Treasury 7-10 Year Bond Index, providing exposure to U.S. Treasury issued dollar denominated, fixed rate securities with a minimum term to maturity between 7-10 years.

Investment team comments

This ETF provides exposure to 7-10 year maturity US Treasuries, considered amongst the safest investment assets available. The fund provides a low cost and efficient way in diversifying fixed income exposure, as US Treasuries are highly liquid and considered one of the safest investment asset.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.06%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS Bloomberg TIPS 1-10 UCITS ETF (GBP Hedged)

Benchmark

Bloomberg US Government 1-10 Year Inflation-Linked Bond Index

Description

This ETF aims to track the performance of the Bloomberg US Government 1-10 Year Inflation-Linked Bond hedged to GBP Index. The index includes inflation-linked US Government bonds with a maturity of more than 1 but less than 10 years.

Investment team comments

US Treasury bonds are widely considered to be the safest asset class worldwide. Treasury inflation protected securities (TIPS) can protect investors from the negative effect of inflation. The focus on shorter maturity bonds (under 10 years) means this index also provides more protection from the effects of rising interest rates when compared to the broader TIPS market.

Characteristics

Asset class

Developed Markets Government Bonds

Geographical focus

United States

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Government Bonds Emerging Markets

Although these bonds are backed by governments, they are regarded as high-risk investments in comparison to government bonds in developed markets. They can be issued in US dollars or in local currencies.

Provider: iShares

iShares JPMorgan USD EM Bond UCITS ETF

Benchmark

JPMorgan Emerging Markets Bond Index Global Core

Description

This ETF aims to track the performance of the JPMorgan USD EM Bond Total Return Index.

Investment team comments

This ETF provides exposure to USD denominated debt instruments in investment grade sovereigns and corporates in Emerging Markets.

Characteristics

Asset class

Emerging Markets Government Bonds

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.5%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS JPMorgan USD EM IG ESG Diversified Bond UCITS ETF

Benchmark

JPMorgan USD EM IG ESG Diversified Bond Index Total Return USD

Description

This ETF aims to track the performance of the JPMorgan USD EM IG ESG Diversified Bond Index.

Investment team comments

This ETF provides exposure to USD denominated debt instruments in investment grade sovereigns and corporates in Emerging Markets.

Characteristics

Asset class

Emerging Markets Government Bonds

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.45%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: JPMorgan

JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF

Benchmark

JPMorgan Emerging Markets Risk-Aware Bond

Description

This fund aims to provide an exposure to the performance of bonds issued by the governments or quasi-government entities of emerging markets countries globally which are denominated in US Dollars.

Investment team comments

This ETF leverages an innovative JPMorgan approach that applies a range of screens and filters to the emerging market debt universe, seeking to provide lower volatility exposure to emerging market debt with the potential for more consistent returns.

Characteristics

Asset class

Emerging Markets Government Bonds

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.39%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS Bloomberg USD Emerging Markets Sovereign UCITS ETF (GBP Hedged)

Benchmark

Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index

Description

This ETF aims to track the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index (hedged to GBP). The index includes government bonds issued by countries such as Brazil, Russia and Indonesia, issued in US dollars.

Investment team comments

Sovereign 'hard currency' bonds from emerging markets typically offer a higher yield (return) than developed government bonds, without significant currency risk. The credit worthiness of emerging economies continues to improve, in contrast the developed economies where high debt loads have led to downgrades in credit ratings. Emerging market bonds typically offer significantly higher returns compared to UK and US government bond markets. This ETF allows us to reliably tap these returns when we believe that the risk-reward ratio is favourable for investors.

Characteristics

Asset class

Emerging Markets Government Bonds

Geographical focus

Emerging Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.47%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Corporate Bonds

Corporate bonds are classified either as 'investment grade'—those issued by companies with good agency ratings—or ‘high yield’—those with a higher risk of default. The return on high yield bonds is potentially greater, albeit with more volatility than with investment grade bonds.

Provider: UBS

UBS Bloomberg MSCI US Liquid Corporates Sustainable UCITS ETF (GBP hedged)

Benchmark

Bloomberg MSCI US Liquid Corporates Sustainable Total Return GBP hedged

Description

This ETF aims to track the performance of the Bloomberg MSCI US Liquid Corporates Sustainable Index (hedged to GBP).

Investment team comments

This ETF offers exposure to global corporate bonds with best in class environmental, social and governance ratings, whilst excluding companies that engage in controversial activities. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests. Additionally, the fund will hedge the moves between US dollar and GBP sterling, ensuring currency impact is neutralised.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Global Corporate Bond UCITS ETF

Benchmark

Bloomberg Global Aggregate Corporate Bond

Description

This fund aims to track the performance of the Bloomberg Global Aggregate Corporate Bond Index.

Investment team comments

Corporate bonds can offer good returns for investors who are more risk averse, as they are typically less volatile than shares. High-quality 'investment grade' bonds offer higher returns ('yields') than government bonds but with a modest increase in risk. Unlike equities, corporate bonds are relatively cumbersome to buy and sell so this ETF provides a very simple, efficient and cost-effective way of obtaining the returns from corporate bonds.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Global

Traded / Risk currency

GBP / JPY

Total expense ratio (TER)

0.25%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD High Yield Corp Bond ESG (GBP Hedged) UCITS ETF

Benchmark

Bloomberg MSCI US Corporate High Yield Sustainable BB+ SRI Bond Index

Description

This ETF aims to track the performance of the Bloomberg MSCI US Corporate High Yield Sustainable BB+ SRI Bond Index, providing exposure to US high yield bonds in a GBP hedged manner.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in USD denominated high yield bonds with outstanding environmental, social and governance ratings, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests. Additionally, the fund will hedge the moves between US dollar and GBP sterling, ensuring currency impact is neutralised.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.27%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares GBP Ultrashort Bond UCITS ETF

Benchmark

Markit iBoxx GBP Liquid Investment Grade Ultrashort Bond Total Return

Description

This ETF primarily invests in sterling-denominated investment-grade corporate bonds and quasi-sovereign bonds (bonds issued by entities with explicit or implicit government backing) with less than one year to maturity, and floating rate securities with less than three years to maturity.

Investment team comments

Corporate bonds with less than one year to maturity offer higher returns than cash and short-term government bonds, but with a relatively low level of interest rate risk given the limited time before these bonds mature. Floating rate notes also benefit from rising interest rates as the interest rate paid is usually reset each quarter.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD Ultrashort Bond UCITS ETF

Benchmark

Markit iBoxx USD Liquid Investment Grade Ultrashort Bond Total Return

Description

This ETF invests in US dollar denominated investment-grade corporate bonds issued by entities from developed countries, with less than one year maturity, and floating rate securities with less than three years to maturity.

Investment team comments

Corporate bonds with less than one year to maturity offer higher returns than cash and short-term government bonds, but with a relatively low level of interest rate risk given the limited time before these bonds mature. Floating rate notes also benefit from rising interest rates as the interest rate paid is usually reset each quarter.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares US High Yield GBP Hedged UCITS ETF

Benchmark

Markit iBoxx USD Liquid High Yield Capped Total Return GBP hedged

Description

This ETF aims to track the performance of the Markit iBoxx USD Liquid High Yield Capped Index, providing exposure to US high yield bonds in a GBP hedged manner.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in USD denominated high yield bonds. Additionally, the fund will hedge the moves between US dollar and GBP sterling, ensuring currency impact is neutralised.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.55%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares £ Corporate Bond 0-5 Year UCITS ETF

Benchmark

Markit iBoxx GBP Corporate Bond 0-5 Year Total Return

Description

This ETF aims to track the performance of the Markit iBoxx £ Corporate 0-5 Index, with exposure to investment grade, sterling denominated corporate bonds which mature in less than five years’ time.

Investment team comments

Corporate bonds can offer good returns for investors who are more risk averse, as they are typically less volatile than shares. Bonds with a short time to maturity (less than five years) are much less exposed to changes in interest rates than the full market of bonds. This ETF provides a broad and diversified exposure to GBP denominated corporate bonds with reduced sensitivity to changes in interest rates.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: JPMorgan

JPMorgan EUR Corporate Bond Research Enhanced Index UCITS ETF (GBP Hedged)

Benchmark

Bloomberg Euro Aggregate Corporates

Description

This fund aims is to achieve a long-term return in excess of the Benchmark by actively investing at least 67% of the assets in investment grade Euro denominated corporate debt securities. The fund hedges non-GBP currency exposure.

Investment team comments

This ETF leverages the depth of JPMorgan’s research resources and expertise in fundamental credit research for enhanced security selection and sector allocation, seeking to outperform the benchmark index.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.19%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan GBP Ultra-Short Income UCITS ETF

Benchmark

Not Applicable

Description

This fund aims to provide current income while maintaining low volatility, investing in investment grade, GBP-denominated, short term fixed, variable and floating rate debt securities.

Investment team comments

This ETF leverages the depth of JPMorgan’s research resources and expertise for enhanced security selection and sector allocation, seeking to offer a current level of income whilst maintaining a low volatility

Characteristics

Asset class

Corporate Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.1%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF

Benchmark

JPMAM Global High Yield Multi-Factor

Description

This fund aims to track the JPMorgan Asset Management Global High Yield Multi-Factor Index, a benchmark that emphasises high yield securities with strong value, quality, and momentum characteristics.

Investment team comments

This ETF leverages JPMorgan's research on factor investing in credit markets, seeking to offer low cost, liquid exposure to the yield and diversification benefits of high yield corporate bonds, with the potential for more attractive risk-adjusted returns.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Global

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.35%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: JPMorgan

JPMorgan EUR Corporate Bond Research Enhanced Index UCITS ETF

Benchmark

Bloomberg Euro Aggregate Corporates

Description

This fund aims is to achieve a long-term return in excess of the Benchmark by actively investing at least 67% of the assets in investment grade Euro denominated corporate debt securities.

Investment team comments

This ETF leverages the depth of JPMorgan's research resources and expertise in fundamental credit research for enhanced security selection and sector allocation, seeking to outperform the benchmark index.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.19%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan USD Corporate Bond Research Enhanced Index UCITS ETF

Benchmark

Bloomberg US Corporate Bond

Description

This fund aims to achieve a long-term return in excess of the Benchmark by actively investing in investment grade USD denominated corporate debt securities.

Investment team comments

This ETF leverages the depth of JPMorgan’s research resources and expertise in fundamental credit research for enhanced security selection and sector allocation, seeking to outperform the benchmark index.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.19%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: JPMorgan

JPMorgan USD Corporate Bond Research Enhanced Index UCITS ETF (GBP Hedged)

Benchmark

Bloomberg US Corporate Bond

Description

This fund aims to achieve a long-term return in excess of the Benchmark by actively investing in investment grade USD denominated corporate debt securities. The fund hedges non-GBP currency exposure.

Investment team comments

This ETF leverages the depth of JPMorgan’s research resources and expertise in fundamental credit research for enhanced security selection and sector allocation, seeking to outperform the benchmark index.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.19%

Type of fund

ETF

Investment style

Active

Replication method

Physical

Replication strategy

Not Applicable

Provider: iShares

iShares USD Corp Bond UCITS ETF

Benchmark

Markit iBoxx USD Liquid Investment Grade

Description

This ETF aims to track the performance of the Markit iBoxx USD Liquid Investment Grade index which provides broad exposure to the most liquid US Dollar denominated investment grade corporate bonds.

Investment team comments

Corporate bonds can offer good returns for investors who are more risk averse, as they are typically less volatile than shares. High-quality 'investment grade' bonds offer higher returns ('yields') than government bonds but with a modest increase in risk. Unlike equities, corporate bonds are relatively cumbersome to buy and sell so this ETF provides a very simple, efficient and cost-effective way of obtaining the returns from corporate bonds.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Fallen Angels UCITS ETF

Benchmark

Bloomberg Global Corporate ex-EM Fallen Angels 3% Issuer Capped

Description

This ETF aims to track the performance of the Bloomberg Global Corporate ex Emerging Markets 3% issuer index providing exposure to corporate fallen angels bonds issued by developed markets.

Investment team comments

A fallen angel is a bond that initially had investment-grade rating but has since been reduced to high yield status. The characteristics of fallen angel high-yield bonds are a hybrid of high grade bonds and equities. Fallen angel securities are often attractive in seeking to capitalise on the potential for a company to recover from a temporary setback.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Developed Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.5%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares USD Corp Bond 0-3 Year ESG UCITS ETF

Benchmark

Bloomberg MSCI US Corporate 0-3 Sustainable SRI Index

Description

This ETF aims to track the performance of the Bloomberg MSCI US Corporate 0-3 Sustainable SRI Index which aims to provide exposure to short maturity USD denominated corporate bonds taking into consideration ESG criteria.

Investment team comments

This ETF offers exposure to USD denominated corporate bonds with best in class environmental, social and governance ratings, whilst excluding companies that engage in controversial activities. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests. The shorter maturity provides reduced sensitivity to interest rates.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.14%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares EUR High Yield Corp Bond UCITS ETF

Benchmark

Markit iBoxx EUR Liquid High Yield Index

Description

This ETF aims to track the performance of the Markit iBoxx EUR Liquid High Yield Index, providing exposure to Euro denominated high yield bonds.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in Euro denominated high yield bonds.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Europe

Traded / Risk currency

GBP / EUR

Total expense ratio (TER)

0.5%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares US High Yield UCITS ETF

Benchmark

Markit iBoxx USD Liquid High Yield Capped Total Return GBP hedged

Description

This ETF aims to track the performance of the Markit iBoxx USD Liquid High Yield Capped Index, providing exposure to US high yield bonds.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in USD denominated high yield bonds

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.5%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Core GBP Corporate Bond UCITS ETF

Benchmark

Markit iBoxx GBP Liquid Corporates Large Cap Total Return

Description

This ETF aims to track the performance of the Markit iBoxx GBP Liquid Corporates Index, providing exposure to high quality corporate bonds denominated in GBP.

Investment team comments

High-quality 'investment grade' bonds offer higher returns ('yields') than government bonds but with a modest increase in risk. Unlike equities, corporate bonds are relatively cumbersome to buy and sell so this ETF provides a very simple, efficient and cost-effective way of obtaining the returns from corporate bonds. This ETF offers high quality GBP bonds from major companies across a number of developed markets.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares US Mortgage Backed Securities UCITS ETF

Benchmark

Bloomberg US Mortgage Backed Securities (MBS)

Description

This ETF provides exposure to US mortgage backed securities by tracking the Bloomberg US Mortgage Backed Securities (MBS) Index.

Investment team comments

Mortgage backed securities are highly liquid and provide diversification and risk reduction benefits. Whilst historically they have been viewed as risky, post 2008 significantly stricter lending standards have been implemented to make the market strongly regulated and safer.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.28%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: Pimco

PIMCO Short-Term High Yield Corp Bond

Benchmark

BofA ML 0-5 Year US High Yield Constrained Total Return

Description

This ETF aims to track the performance of the Bank of America Merrill Lynch 0-5 Year US High Yield Index. It is invested in US dollar-denominated bonds rated at below investment-grade with fewer than five years to maturity. The fund is managed by PIMCO, one of the largest fixed income managers in the world.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in US high yield bonds with less than five years to maturity, potentially reducing the impact of a rise in market interest rates.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.55%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: Pimco

PIMCO Short-Term High Yield Corporate Bond UCITS ETF (GBP Hedged)

Benchmark

BofA ML 0-5 Year US High Yield Constrained Total Return GBP hedged

Description

This ETF aims to track the performance of the Bank of America Merrill Lynch 0-5 Year US High Yield Index. It is invested in US dollar-denominated bonds rated at below investment-grade with fewer than five years to maturity. The fund is managed by PIMCO, one of the largest fixed income managers in the world.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in US high yield bonds with less than five years to maturity, potentially reducing the impact of a rise in market interest rates. Additionally, the fund will hedge the moves between US dollar and GBP sterling, ensuring currency impact is neutralised.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.6%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: State Street

SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF

Benchmark

Bloomberg Corporate Bond 0-5 Year Total Return

Description

This ETF aims to track the performance of the Bloomberg 0-5 Year Sterling Corporate Bond Index, with exposure to investment grade, sterling denominated corporate bonds which mature in less than five years’ time. The majority of the companies are based in the UK, Europe and the United States.

Investment team comments

Corporate bonds can offer good returns for investors who are more risk averse, as they are typically less volatile than shares. Bonds with a short time to maturity (less than five years) are much less exposed to changes in interest rates than the full market of bonds. This ETF provides a broad and diversified exposure to GBP denominated corporate bonds with reduced sensitivity to changes in interest rates.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS Bloomberg MSCI US Liquid Corporates Sustainable UCITS ETF

Benchmark

Bloomberg MSCI US Liquid Corporates Sustainable Total Return

Description

This ETF aims to track the performance of the Bloomberg MSCI US Liquid Corporates Sustainable Index.

Investment team comments

This ETF offers exposure to global corporate bonds with best in class environmental, social and governance ratings, whilst excluding companies that engage in controversial activities. High-quality 'investment grade' bonds offer higher returns ('yields') than government bonds but with a modest increase in risk. Unlike equities, corporate bonds are relatively cumbersome to buy and sell so this ETF provides a very simple, efficient and cost-effective way of obtaining the returns from corporate bonds.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United States

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares GBP Ultrashort Bond ESG UCITS ETF

Benchmark

Markit iBoxx MSCI ESG GBP Liquid Investment Grade Ultrashort Total Return

Description

This ETF aims to track the performance of the Markit iBoxx MSCI ESG GBP Liquid Investment Grade Ultrashort Index which aims to provide exposure to the most liquid GBP denominated investment corporate bonds with ESG screening.

Investment team comments

Corporate bonds with less than one year to maturity offer higher returns than cash and short-term government bonds, but with a relatively low level of interest rate risk given the limited time before these bonds mature. This ETF offers exposure to GBP denominated corporate bonds whilst incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Developed Markets

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.09%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: State Street

SPDR Bloomberg Sterling Corporate Bond UCITS ETF

Benchmark

Bloomberg Sterling Corporate Bond Total Return

Description

This ETF aims to track the performance of the Bloomberg Sterling Corporate Index, providing exposure to high quality corporate bonds denominated in GBP.

Investment team comments

This ETF offers high quality GBP bonds from major companies across a number of markets. Corporate bonds can offer good returns for investors who are more risk averse, as they are typically less volatile than shares. High-quality 'investment grade' bonds offer higher returns ('yields') than government bonds but with a modest increase in risk. Unlike equities, corporate bonds are relatively cumbersome to buy and sell so this fund provides a very simple, efficient and cost-effective way of obtaining the returns from corporate bonds.

Characteristics

Asset class

Corporate Bonds

Geographical focus

United Kingdom

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.2%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Fallen Angels GBP Hedged UCITS ETF

Benchmark

Bloomberg Global Corporate ex-EM Fallen Angels 3% Issuer Capped Total Return

Description

A fallen angel is a bond that initially had investment-grade rating but has since been reduced to high yield status. The characteristics of fallen angel high-yield bonds are a hybrid of high grade bonds and equities. Fallen angel securities are often attractive in seeking to capitalise on the potential for a company to recover from a temporary setback.

Investment team comments

The characteristics of high-yield bonds are a hybrid of high grade bonds and equities, providing a high level of income compared to other bonds. For low and medium-risk investors, they can provide good returns but with less risk than equities. This ETF invests in US high yield bonds with less than five years to maturity, potentially reducing the impact of a rise in market interest rates.

Characteristics

Asset class

Corporate Bonds

Geographical focus

Developed Markets

Traded / Risk currency

GBP / USD

Total expense ratio (TER)

0.55%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Global Equities

Provider: iShares

iShares Ageing Population UCITS ETF

Benchmark

STOXX Global Ageing Population USD Net Return

Description

This ETF aims to track the performance of the STOXX Global Ageing Population Index.

Investment team comments

This ETF provides exposure to global aging population related companies.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: UBS

UBS MSCI ACWI Socially Responsible UCITS ETF (GBP hedged)

Benchmark

MSCI ACWI SRI Low Carbon Select 5% Issuer Capped with Developed Markets GBP hedged

Description

This ETF aims to track the performance of the MSCI ACWI SRI Low Carbon Select 5% issuer capped, with the developed markets exposure hedged to GBP.

Investment team comments

This ETF provides exposure to companies with outstanding environmental, social and governance ratings across both developed and emerging equity markets, whilst excluding companies that engage in controversial activities or whose products have negative social or environmental impacts. Socially responsible investment incorporates non-financial data alongside traditional investment metrics, with a belief that the companies that are best placed to operate successfully in the future are those with strong sustainability profiles, that do business in a fair and progressive way, and with a management team well aligned to investors interests.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.33%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares MSCI EM Consumer Growth UCITS ETF

Benchmark

MSCI ACWI Emerging Market Consumer Growth Net Total Return USD Index

Description

This ETF aims to track the performance of the MSCI ACWI Emerging Market Consumer Growth Index.

Investment team comments

This ETF provides exposure to global EM consumer growth index.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.6%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Digitalisation UCITS ETF

Benchmark

STOXX Global Digitalisation USD Net Return

Description

This ETF aims to track the performance of the STOXX Global Digitalisation Index.

Investment team comments

This ETF provides exposure to global digitalisation index.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Healthcare Innovation UCITS ETF

Benchmark

STOXX Global Breakthrough Healthcare USD Net Return

Description

This ETF aims to track the performance of the STOXX Global Breakthrough Healthcare Index.

Investment team comments

This ETF provides exposure to global breakthrough healthcare index.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: First Trust

First Trust Cloud Computing UCITS ETF

Benchmark

ISE CTA Cloud Computing Index (Nasdaq)

Description

This ETF aims to track the performance of the NASDAQ ISE Cloud Computing Index.

Investment team comments

This ETF provides exposure to NASDAQ cloud computing industry.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.6%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: VanEck

VanEck Global Mining UCITS ETF

Benchmark

S&P Global Mining Reduced Coal Index

Description

This ETF aims to track the performance of the S&P Global Mining Reduced Coal Index.

Investment team comments

This ETF provides exposure to global mining industry with reduced coal bias.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.5%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Global Water UCITS ETF

Benchmark

S&P Global Water Index

Description

This ETF aims to track the performance of the S&P Global Water Index.

Investment team comments

This ETF provides exposure to global water industry.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.65%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Global Clean Energy UCITS ETF

Benchmark

S&P Global Clean Energy Index

Description

This ETF aims to track the performance of the S&P Global Clean Energy Index.

Investment team comments

This ETF provides exposure to global clean energy sector.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.65%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: iShares

iShares Automation & Robotics UCITS ETF

Benchmark

STOXX Global Automation & Robotics Index

Description

This ETF aims to track the performance of the STOXX Global Automation & Robotics Index.

Investment team comments

This ETF provides exposure to global automation and robotics industry.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: iShares

iShares Digital Security UCITS ETF

Benchmark

STOXX Global Digital Security Index

Description

This ETF aims to track the performance of the STOXX Global Digital Security Index.

Investment team comments

This ETF provides exposure to global digital security industry.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.4%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: VanEck

VanEck Semiconductor UCITS ETF

Benchmark

MVIS US Listed SemiConductor 10% Capped Index

Description

This ETF aims to track the performance of the MVIS US Listed Semiconductor 10% Capped ESG Index.

Investment team comments

This ETF provides exposure to US semiconductor industry with ESG bias.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.35%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Vanguard

Vanguard FTSE All World UCITS ETF

Benchmark

FTSE All-World Index

Description

This ETF aims to track the performance of the FTSE All-World Index, providing broad exposure to developed and emerging market large cap equities.

Investment team comments

This ETF provides a low cost route to gain broad exposure to global equity markets.

Characteristics

Asset class

Global Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.22%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Optimised

Provider: Global

Global X Uranium UCITS ETF

Benchmark

Solactive Global Uranium & Nuclear Components Total Return v2 Index

Description

This ETF aims to track the performance of the Solactive Global Uranium & Nuclear Components Total Return v2 Index.

Investment team comments

This ETF provides exposure to global uranium & nuclear components total return index.

Characteristics

Asset class

Thematic Equities

Geographical focus

Global

Traded / Risk currency

GBP / Varied

Total expense ratio (TER)

0.65%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Commodities

Provider: iShares

iShares Physical Gold ETC

Benchmark

LBMA Gold Price

Description

This ETF provides an easy way to benefit from changes in the gold prices, without the difficulty and cost of holding physical gold bars.

Investment team comments

Gold ETFs have become the most efficient way to invest in gold, so much so that gold held in ETFs now rival the largest holders in the world (the largest Central Banks). This makes buying and selling an exposure to gold highly efficient and cost effective.

Characteristics

Asset class

Commodities

Geographical focus

Global

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full

Provider: Invesco

Invesco Physical Gold ETC

Benchmark

LBMA Gold Price

Description

This ETF provides an easy way to benefit from changes in the gold prices, without the difficulty and cost of holding physical gold bars. 100% of the bars underlying the Invesco gold ETF are compliant with the London Bullion Market’s (LBMA) Responsible Gold Guidance. This set of guidelines represent the highest standards for sourcing gold and intended to combat money laundering, terrorist financing, and human rights abuses, including child labour.

Investment team comments

Gold ETFs have become the most efficient way to invest in gold, so much so that gold held in ETFs now rival the largest holders in the world (the largest Central Banks). This makes buying and selling an exposure to gold highly efficient and cost effective.

Characteristics

Asset class

Commodities

Geographical focus

Global

Traded / Risk currency

GBP / GBP

Total expense ratio (TER)

0.12%

Type of fund

ETF

Investment style

Passive

Replication method

Physical

Replication strategy

Full