These arenât available to UK retail investors and so Freetrade wonât be adding them.
Where do you hold these ETFs? For example, ARKW does not offer a KIID so is not available for addition to Freetrade.
Thatâs right - I recently wrote to them and they replied as below. Unfortunately, none of their ETF stable is UK accessible yetâŚ
âARK is aware of the new EU requirements. Currently, we do not have a KIID, however, we are working with outside counsel to analyze European regulation. We will update you when weâve come to a resolution. We are sorry for the inconvenience and hope to provide more clarity to European investors in the near future.â
If you bought it before the regulations kicked in, you can still hold it, receive dividends and sell it with legacy brokers. Just not buy it.
I wasnât aware of the EU change in rules.
ARKK | ARK Innovation ETF |
---|---|
ARKQ | Autonomous Technology & Robotics ETF* |
ARKW | Next Generation Internet ETF* |
ARKG | Genomic Revolution ETF |
ARKF | Fintech Innovation ETF |
Can we please get these ETFâs on free trade, please?
any updates on these ETFâS @Viktor. iâm opening a SIPP account and would be amazing if I could get these ETFâS on there.
IG has these ETFâs on their account
No. Thereâs no KIID so its not available to UK retail investors
But you can buy most of the components individually (apparently).
Someone may have mentioned this before, but I think once we have the âauto-investâ pies in Freetrade, you could easily mirror the funds (obviously youâd have to rebalance manually). Maybe they could have some pre-made ones too.
I agree we need ArkG on Freetrade ASAP !!
Agree we need this
Can we please have different ETFs provided by Ark Invest.
If you search for Ark in the forum you will see it canât be added
I would be interested in ARK âpiesâ as a workaround.
At the moment I am buying ARK else where. I do not know how they work around the KIID issue, but they clearly do. I would love to trade ARK at FreeTrade and it would be enough to tip me over the edge to upgrade my account. Please reconsider adding them.
Etoro right? Youâd need to check the fine print but I get the feeling your not buying the actual stock but an Un-leveraged CFD or similar setup as they simply cannot sell you ARK ETFs as a retail investor.
Unless the government change the law or ark provide the right documentation you wonât get access to it. Well unless you have have a million in investments.
I find the fascination with this ETF curious I must admit.
i rate this guy, very sensible and level headed, heâs made a couple of videos on ARK recently, definitely worth checking out!
Edenâs point wasnât that he wanted access to the documents (the ARK site has all the documents available to retail customers). He was stressing that, when he wrote his message, ARK ETFâs could not be sold in the UK to retail customers. ETFâs cannot be sold to retail investors in the UK if they donât comply with the relevant regulations that UCITS designated ETFâs signify. That designation requires those documents.