U.K. ETFs See Inflows Despite the Brexit Angst

U.K. ETFs See Inflows Despite the Brexit Angst

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Business

University

Hard

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EWU, a UK-focused ETF, has shown resilience despite Brexit uncertainties, benefiting from a weak pound. It holds over 100 market cap-weighted stocks, primarily in oil, gas, banks, and pharmaceuticals. With assets over $2 billion and a 48 basis point expense ratio, EWU has returned 200% since 1996, though it trails the Footsie 100. It receives a favorable rating from Bloomberg.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential impact could a no deal Brexit have on UK economic growth according to the OECD forecast?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expense ratio of the fund?

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