SPDR FTSE UK All-Share UCITS ETF
Why is this fund on our radar?
Exchange traded funds (ETFs) have become a popular starting point for many investors because they offer a simple, low-cost way to access broad markets. An ETF is essentially a basket of investments, usually shares or bonds, that aims to track the performance of a specific index, such as the FTSE All-Share in the UK or the S&P 500 in the US.
Although we believe high-quality active managers can add value over the long term, we also recognise that many investors want simple and transparent building blocks in their portfolios. With this in mind, we reviewed the large universe of ETFs with the aim of selecting options that provide clean, representative exposure to their markets at a low ongoing cost.
The SPDR FTSE UK All-Share ETF offers a simple way to invest across the full breadth of the UK stock market in a single investment. The FTSE All-Share index covers large, medium and smaller-sized companies, giving this ETF broader exposure than a FTSE 100-only approach.
We chose this fund because it provides a representative view of the UK market at a competitive ongoing cost of 0.20%. SPDR, backed by the experienced State Street Global Advisors, has long managed passive products and is a major provider in the ETF universe.
Portfolio
The fund is large and liquid, making it easy to trade, and it uses a practical replication method designed to closely mirror the pattern of returns from the underlying index. For investors seeking a straightforward option, its low cost, size and availability on major platforms makes it a practical way to gain diversified exposure to UK-listed companies.
