Want to leave it to the professionals to balance your portfolio, then this one is for you. This fund managed by Blackrock has a healthy blend of stocks, bonds, property and commodities that reflects your moderate investing profile and gives you good diversification.
ETFs are not only a great way to gain exposure to major stock market indices, like the S&P 500 or FTSE All-Share, but also enable you to access more niche markets or specific sectors.
Exchange-traded funds are exempt from the 0.50% stamp duty. Hold your ETFs as part of an ISA or SIPP tax wrapper, and you can access additional tax benefits.
When buying ETFs, you invest in a basket of stocks that will mirror how a specific index performs without buying all the stocks individually.
ETFs are less management fees involved. They also tend to be less costly than purchasing individual shares - fewer transactions, less trading costs.