RE: Beginners Questions
(2014-10-11, 02:21 PM)isatrader Wrote: 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.LI had a look, but DB won't do an individual sector, and most others after searching do a basket.
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.
IG could well be the thing to do
(2014-10-11, 02:21 PM)isatrader Wrote: 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.
you are quite right, I didn't pay attention to the %ge return of the index vs the stock
In an individual the case of a winning trade for the same periods, given they are similar, BT averaged 30% higher return. Thats just one trade, im sure in total we would be looking at a much larger return.
Thanks so much for pointing out the error of my ways!