FE Trustnet has revealed the groups and funds topping its passive ratings chart as its ETF and tracker comparison service goes live.
The service, which goes live today, initially covers 229 of the ETFs and index trackers available for sale in the UK. Of the 229 funds rated, 55 gained the highest possible rating of five passive crowns. Conversely, 32 funds were awarded the lowest rating of just one passive crown. The passive crowns are awarded based on three key criteria: tracking difference, tracking error, and fund size, in an effort to move away from a sole focus on cost. The ratings are determined by an absolute score across the three components, with tracking difference ranking highest in terms of importance...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
