ETF Investors Snap Up Brexit Bargains

Exchange traded fund investors used depressed valuations in the first quarter of 2019 to up their exposure to mid-cap Britain despite Brexit uncertainty, according to Morningstar data

David Brenchley 8 April, 2019 | 2:55PM
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Theresa May Brexit negotiations in Brussels

Despite continued Brexit uncertainty, there are signs that domestic UK equities are coming back into favour with investors after cash was poured into mid-cap exchange traded funds during the first quarter of 2019.

ETFs in Morningstar's UK Mid-Cap Equity category saw their highest quarterly level of net inflows in more than a decade, Morningstar data shows, at €872 million from January to March. That’s almost three times as much as the previous high of €313 million in the third quarter of 2013.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Auto Trader Group PLC595.60 GBP0.00 Ltd24.38 AUD0.00Rating
Domino's Pizza Group PLC370.00 GBP0.00
Domino's Pizza Inc459.90 USD0.00Rating
Fidelity UK Select W Acc368.40 GBP-0.05Rating
Invesco FTSE 250 ETF17,746.28 GBP0.41
iShares FTSE 250 ETF GBP Dist2,172.53 GBP0.53
KBC Group SA/NV79.42 EUR0.00Rating
Lloyds Banking Group PLC49.28 GBP0.00Rating
Value and Indexed Property Income Ord228.23 GBP3.27
Vanguard FTSE 250 UCITS ETF35.58 GBP-0.06
Xtrackers FTSE 250 ETF 1D2,250.19 GBP0.53

About Author

David Brenchley

David Brenchley  is a Reporter for