Spa ETF, a provider of exchange-traded funds (ETFs), on Monday made its US equities-focused ETFs available for multi-currency trading on the London Stock Exchange (LSE). UK investors are now able to buy from the SPA MarketGrader range of ETFs in sterling as well as US dollars, simplifying their brokerage account requirements and removing the time and costs of currency exchange, says the firm.
The SPA MarketGrader ETFs currently available include MarketGrader 40, 100 and 200, three ETFs based on a basket of top-rated North American securities, and funds based on the top 100 North American stocks. "UK investors are increasingly looking to invest in the growing ETF market," comments Daniel Freedman, director, Spa.