Hey, first of all – no problem asking at all! That’s why we’re all here.
Our process remains the same as the last few weeks.
We’re adding securities by a) market cap and b) frequency of trading. They are our main criteria to ensure liquidity for our customers.
We will look to add more securities which have been voted for by the community, but it’s not always possible if they don’t meet the two above criteria.
That makes sense although I would imagine that some of the requested ETFs, such as SWDA, massively outstrip those three ETFs in terms of both market cap and frequency of trading.
There are others like the iShares SWDA who have very big trading volume and have 20 votes which was requested last year. MSCI World and EM ETFS we have only one each even though they are the bread and butter of most passive investors. Instead we have two robotic sector ETFs before. There is a need of at least accumulating and distributing options of each variant really. I enjoy the latest developments of adding more ETFs but its the bare minimum atm. I am aware that ETF and passive investments might be not as sexy and easy to sell for millenials as Tesla or AI/tech sector ETFs, however for life savings a good variety of ETFs with reasonable TER and wide diversification is essential.
I hope to see the SWDA or similar on Freetrade soon
Abcam, a Cambridge life sciences company, on the AIM
You’ve already had ASOS, Fever-Tree, and Boohoo on your Freetrade app for some time, three well-known AIM-listed companies.
But what even is AIM?
It’s a junior tier of the London Stock Exchange. Smaller, less viable companies are able to list there. One of the cool things about AIM is that you pay no stamp duty when you buy those shares. The downside is, these are smaller, riskier businesses. As always, do your research!
Any plans of adding another MSCI World ETF thats distributing but lower TER if the accumulating ones are out? Like the HSBC MSCI World? Or will we not see any other MSCI World than the one currently listed any time soon?