I'd like to know if the big European bourses offer investment products which are similar to the American ETF's. This would enable the investor to purchase a broad basket of Euro denominated stocks- without placing one's self at the mercy of the stock picking abilities (and fees) of any mutual fund manager. Does anyone know?
ja, they exist currently in form of ishares{uk}[index tracker]there are several of 'em....iftse 100 for i.e is like dia for dow, tracks da 100components of da ftse...in europe da stoxx are also classified as etfs
yes, there are plenty of broad-based etf's and also some sector-based ones - you will have to go to each exchange's website to get the details - ishares is just one vendor/distributor, there are plenty of others, from my research i believe deutsche boerse has the broadest offering - all the best.
Börse Frankfurt have just launched major trading in 2500 ETF's ! The press relase is here: http://boerse-frankfurt.com/pip/dis...ageformen/artikel/2006/art_publikumsfonds.htm Regards, Zeitgeist