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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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Auto Trader Group PLC660.40 GBP0.00 Ltd22.05 AUD0.00Rating
Domino's Pizza Group PLC408.40 GBP0.00
Domino's Pizza Inc538.82 USD0.00Rating
Fidelity UK Select W Acc365.13 GBP0.86Rating
Invesco FTSE 250 ETF17,471.53 GBP0.56Rating
iShares FTSE 250 ETF GBP Dist2,158.79 GBP0.64Rating
KBC Group SA/NV66.00 EUR0.00Rating
Lloyds Banking Group PLC45.23 GBP0.00Rating
Value and Indexed Property Income Ord238.53 GBP1.07
Vanguard FTSE 250 UCITS ETF35.57 GBP0.64Rating
Xtrackers FTSE 250 ETF 1D2,217.69 GBP0.64Rating

About Author

David Brenchley

David Brenchley  is a Reporter for

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