‘Money makes the world go around,’ is certainly a catchy song, but one can’t deny its truth. It’s a big world out there, and the financial sector has a diverse and varied interest in keeping the money flowing. Invest in some of the world’s largest and most profitable financial services brands in the world.
Remember, your capital is at risk
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.