RE: Beginners Questions
(2014-10-11, 01:29 PM)malaguti Wrote: I know I won't be the first having looked at this, so I'm hoping someone has already found the answer: I want to be able to trade the index rather than a stock within the index.
How can I do this, within an ISA/SIPP?
Is there such a thing as an ETF of just one sector? or a unit trust for example
And where can I trade this, do I need a broker that allows this?
Given that the index is an average of its individual components, it seems to perform far better than even an individual stock using the weinstein method.
Deutsche bank does the only option I know of that can be traded in a SIPP or ISA, which are the STOXX 600 Sector ETFs, but it only covers the broader sectors and includes the whole of Europe. XS7R.L, XSPR.L, XS3R.L, XSDR.L, XSNR.L, XSIR.L, XSER.L, XS8R.L, XSKR.L, XS6R.L
Here's the link: http://www.etf.db.com/GBR/ENG/Download/O...eet/Retail
For the UK sectors the only direct way to trade them that I know of is through IG Index, as they let you trade 30+ of the UK sectors that I show on here. But don't include some of the smaller sectors that only have a few stocks in them. However, this is spread betting and CFDs only as it's IG and so can't be done in an ISA or SIPP.
One thing to consider with trading sectors and indexes is that they are only averages of the individual stocks in them, and hence will only provide average returns. In order to generate above average returns for your portfolio overall you generally need to hit a few out of the park with 100%+ returns, as those big winners then cover the losers and mediocre returns of all the rest.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.