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Source: Moneybox
Moneybox, the app-based digital wealth manager, has launched 12 new exchange traded funds (ETFs) to further expand its range of investment options.
Moneybox exists to help people build wealth with confidence and offers a range of great value products and services across saving, investing, mortgages and pensions, all within one easy-to-use and engaging app. Since its launch in 2016, Moneybox has seen exponential growth. It supports a community of more than 750,000 customers, has in excess of £2.5B in assets under administration, and employs c. 300 people
Ben Stanway, co-founder of Moneybox, commented: “Moneybox is helping a whole generation to save and invest for their future. With AUA continuing to grow 100% year on year, we are rapidly capturing the mass-market space and our customers increasingly demonstrate that they want to use Moneybox for all of their wealth-building needs throughout their lives. We’ve introduced ETFs to provide even more choice for those who want to build diversified investment portfolios aligned to their personal interests and values.”
The ETFs Moneybox now offers are:
• Vanguard S&P 500 ETF – Benefit from the growth of the US economy with a single investment.
• Vanguard FTSE 100 ETF – Get exposure to the 100 largest companies listed in the UK, including AstraZeneca and Unilever.
• iShares Global Clean Energy ETF – Back the companies that are leading the charge in the future transition to clean energy.
• iShares Physical Gold ETC – Track the current market price of responsibly sourced physical gold.
• iShares Automation & Robotics ETF – Track developed and emerging market companies that are creating technology in automation and robotics.
• iShares Ageing Population ETF – Get exposure to companies that provide care and other services to the world’s ageing population.
• iShares Core MSCI Europe ETF – Track the performance of leading European companies like BMW and LVMH.
• iShares Digitalisation ETF – Track the performance of developed and emerging market companies like Docusign that focus on digital services.
• iShares MSCI Europe SRI ETF – Back leading European companies with a focus on ESG values.
• Legal & General Clean Water ETF – Get exposure to companies that are providing new clean water technologies and network maintenance.
• Legal & General Cyber Security ETF – Spread your money across companies like Cisco and Darktrace that are innovating in the cyber security sector.
• UBS S&P 500 ESG ETF – Invest across a diverse range of leading US companies that score highly on ESG factors.
Ben Stanway continued: “Moneybox has the opportunity to lead a revolution in how everyone engages with their financial lives and their opportunity to build wealth for their future. Within investing, we’re committed to building on our accessible, intuitive investment proposition centered around long-term wealth-building and broadening our product range to include ETFs and in time individual stocks – all through the lens of diversification rather than speculation. Our comprehensive product range is designed to help people succeed over the long term, offering the tools and information they need to confidently save and invest toward what matters to them in life.”
ETFs are currently only available to Stocks & Shares ISA customers. They will be rolled out to other investing accounts in the very near future.
Financial Services
