FundsNetwork unveils ETF range

FundsNetwork has announced a range of 50 exchange traded funds (ETFs) will launch on the platform for advisers next week.

The platform is launching an initial range of 50 physically-backed ETFs on 18 June, including index-linked trackers and commodity ETFs, from the following providers: Credit Suisse, ETFS, HSBC and iShares. ETF trading on the platform will be carried out using J.P. Morgan's execution service. Advisers will also have access to an ETF information page. The addition of ETFs with a separate explicit charge on FundsNetwork comes on the back of the platform launching an unbundled pricing model at the end of March, sitting alongside its bundled pricing structure. ETFs are unbundled funds which...