Exchange Traded Fund (ETFs)
For the first time in Ireland, deal shares, funds and ETFs all from one platform with Davy Direct.
Invest in ETFs
- You can now invest online in more than 160 Exchange Traded Funds from leading ETF providers such as iShares, Lyxor, Source and Deutsche Bank.
- Commission fees start from as low as €15* for frequent traders.
- No minimum investment for transactions.
- Access market-leading Morningstar® tools, in-depth information and reports on all of these funds.
- 24-hour online valuations.
* Other fees and charges apply.
In order to invest in ETFs, you must first open an account with Davy Direct. It is important that you take the time to read and understand the terms and conditions and all account opening information. Further information is provided below.
Why invest in ETFs
Ease of Access or Liquidity - bought and sold in the same way as listed/tradable stocks, they are generally highly liquid and relatively easy to trade.
Transparency – portfolio of securities are fully visible to you the investor.
Flexibility – it is possible to access global markets and assets that may otherwise prove difficult to access.
Diversification – for example it is possible to gain exposure to a specific country equity index through a single share.
No stamp duty – It is important to note that the tax treatment depends on your individual circumstances. More information on tax.
What types of ETFs are available?
- ETFs that aim to track the performance of a country, region or stock market indices.
- Specialist sector and industry ETFs.
- Commodity ETFs.
- Bond ETFs.
- Currency ETFs.
- Money Market ETFs.
Online Screening Tools to help
- Davy has selected an independent 3rd party Morningstar to provide you with information to support you in making your investment decisions. Morningstar is a market-leading provider of investment tools, in-depth information and reports, helping investors make more informed investment decisions.
- Screen and analyse thousands of shares, funds and ETFs across a wide range of criteria, all from the convenience of your Davy Direct account.
- Helping you to find investments that meet your personal investment needs.
Searches can be done quickly and easily using the Morningstar screeners. For example, you might want to view all the European Equity funds, in Euro, with a Morningstar RatingTM ** of 3 stars or better and Total Net Assets of between €250 million and €1 billion. Or you might want to view all High Yield Bond funds, in US Dollars, with a Morningstar RatingTM of 5 stars and a 3-year return greater than the Category Average. See Morningstar User Guide
** Morningstar RatingTM is a system created by Morningstar Inc. which ranks mutual funds based on their risk-adjusted performance over various periods. A 5 star rating is the best, a 1 star rating is the worst.
Davy Direct does not provide advice. You are fully responsible for your own investment decisions. No information provided on this website can be considered to constitute investment advice. We have not considered your individual circumstances. Davy cannot accept any responsibility for the information provided or for any investment decision which may be made by you.
If you are in doubt as to the suitability of any investment you should seek independent financial advice or talk to us about opening a Davy Advisory account which will allow you to invest with the advice of a portfolio manager. Call us on 01 614 9000
Open a Davy Direct account
Costs
ETFs, like investment funds, incur an annual management charge, which is incorporated into the price of the ETF. These fees are typically lower than investment funds. Other fees and costs may also be applied; these will be specified in the ETF documentation. Investments are subject to Davy Direct commission and charges. Please click here for full information on the commissions and charges applicable to ETF trading.
Risks
Similar to shares, investing in ETFs is not without risk. ETF prices can be volatile. The overall market may fall, or the ETFs that you invest in may perform badly. The value of your investment may go down as well as up. Past performance is no indication of future performance. Investments denominated in a currency other than your base currency can be affected by exchange rate movements when converted back to the base currency.
The above list is a summary. Other risks apply and it is important that you read the ETF documentation for full information on the risks that apply. Further information is available from Davy Direct on request.
Warning: The value of your investment may go down as well as up. You may lose some or all of your initial invested capital.
Tax information contained herein is based on Davy’s current understanding of the tax legislation in Ireland and the UK and the Revenue interpretation thereof. It is provided by way of general guidance only and is neither exhaustive nor definitive and is subject to change without notice. It is not a substitute for professional advice. You should consult your tax advisor about the rules that apply in your individual circumstances.
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