Jump to content
  • 0

ETF Scanner vs ETF on Platform


Guest MIvanova

Question

Guest MIvanova

Hey - is there is any reason why some of the ETFs from ETF Scanner are not available on the platform i.e. the search tool doesn't find them. Or I'm doing it wrong?

Examples might include, say majority of Utilities ETF eligible for ISA

Thank you

Link to comment

5 answers to this question

Recommended Posts

  • 0
  • Members
  • 0
  • 2 posts

I have found that UK brokers do not allow purchase of ETFs whether inside or outside an ISA wrapper unless they have "UCITS ETF" in the name.

The problem is that the EU considers ETFs to be "Collective Investments", requiring special regulation and approval. Such approved ETFs must have "UCITS ETF" in the name, while the use of those letters by non-approved ETFs is not allowed.

Thus using https://etfscreener.ig.com and applyinhg the advanced filter "UCITS" should limit the results to eligible ETFs.

https://www.handbook.fca.org.uk/handbook/COLL/6/9.html lists these regulations.

Link to comment
  • 0
11 minutes ago, Igi said:
  •  
  • Members
  • 0
  • 2 posts

I have found that UK brokers do not allow purchase of ETFs whether inside or outside an ISA wrapper unless they have "UCITS ETF" in the name.

The problem is that the EU considers ETFs to be "Collective Investments", requiring special regulation and approval. Such approved ETFs must have "UCITS ETF" in the name, while the use of those letters by non-approved ETFs is not allowed.

Thus using https://etfscreener.ig.com and applyinhg the advanced filter "UCITS" should limit the results to eligible ETFs.

https://www.handbook.fca.org.uk/handbook/COLL/6/9.html lists these regulations.

I should probably add that the above restriction only applied because I am a non-professional investor. If I had filled out the broker's forms, signed away certain rights, and had this had been accepted, then I was told that I would be able to buy the non UCITS ETFs I wanted. However it seemed better to take out an account with a US broker instead.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Recently, U.S. Senator Bill Hagerty from Tennessee spoke at the Bitcoin conference, stating his efforts to push for Bitcoin-supportive legislation to promote freedom and opportunity. This year, cryptocurrency has become a key battleground in the election campaigns. It remains to be seen whether future policies on cryptocurrency will improve.
    • The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized   This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value.   The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense   Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
    • I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
×
×
  • Create New...
us