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UK investment app Moneybox doubles ETF offering to 24

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Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing customer interest in thematic investing’. 

Available now to all customers with a Stocks & Shares ISA, Lifetime ISA or General Investment Account, the 12 new ETFs cover a selection of future themes such as artificial intelligence (AI), carbon transition and blockchain technology.

The addition of these new ETFs follows a recent survey of over 2,000 Moneybox customers which found that AI (70 per cent), sustainability (38 per cent) and blockchain technology (23 per cent) were some of the most sought after investments for 2024. 

Brian Byrnes, Head of Personal Finance at Moneybox, comments: “At Moneybox we believe in providing access to themes and sectors that align to our customers personal interests and values via lower cost tracker funds. These new ETFs will give customers even more choice and flexibility when it comes to building a diversified investment portfolio.

“Thematic investing is a great way to gain exposure to emerging sectors and industries. And, while the full potential of these themes may take some time to be realised, their influence stretches to all corners of global financial markets. 

“Some analysts forecast artificial intelligence alone to grow by 20 times its current market capitalisation of nearly USD100 billion over the next decade. Additionally, with only 26 years left until the Paris Agreement’s 2050 deadline, ambitions for a low carbon economy have never been more of a concern and priority amongst investors.

“While mass adoption of these themes may take time and therefore merits a long-term investment strategy, our customers will now have an opportunity to invest not only in companies that will benefit from these emerging themes, but also the companies responsible for building the technologies required to see them evolve.”

Following an internal screening and selection process, including gauging customer interest in various sector surveys, Moneybox writes that it selected these 12 funds following input and analysis from a third-party investment consultant.  

“Diversification remains an essential part of investing, helping to manage risk and smooth out the effects of volatility,” says Byrnes. “Some investors achieve this through spreading their money over a range of different themes and sectors while others may choose to invest across a variety of asset classes and as such we are delighted to offer more fixed income options via this expansion.”

Moneybox’s survey also found that over two-thirds of customers (69 per cent) wanted more fixed-income exposure, while 65 per cent were looking for greater access to high dividend-paying investments.

“Following the highest interest rates we have seen in over a decade, it is unsurprising that more people are looking to increase their fixed income allocations, adding bond ETFs to their investment portfolios alongside emerging trends like AI and blockchain.”

The list of new ETFs available on Moneybox include:

WisdomTree Artificial Intelligence UCITS ETF

Vanguard FTSE All-World High Dividend Yield UCITS ETF

JPMorgan Carbon Transition Global Equity UCITS ETF

UBS Global Gender Equality UCITS ETF

Invesco CoinShares Global Blockchain UCITS ETF

VanEck Semiconductor UCITS ETF

Vanguard Global Aggregate Bond UCITS ETF

Vanguard U.K. Gilt UCITS ETF

Vanguard USD Treasury Bond UCITS ETF

Xtrackers MSCI World Minimum Volatility UCITS ETF

Vanguard FTSE 250 UCITS ETF

SPDR Russell 2000 U.S. Small Cap UCITS ETF

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