Four of the best new funds in the evolving world of ETFs

The latest exchange-traded funds (ETFs) offer access to themes ranging from infrastructure to smart homes. David Stevenson takes a look at four of the best.

People getting excited by a smart speaker
Alexa is just the tip of the iceberg of home-automation innovation
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While money has been flooding into infrastructure and real-estate funds recently (as I noted two weeks ago) another type of listed fund is also now experiencing a fundraising boom: exchange-traded funds (ETFs). They are mostly thematic funds containing a small basket of stocks, in some cases fewer than 50. By contrast, most previous ETFs have been broader index trackers. The new ones are therefore riskier than buying a wide portfolio of companies.

From industrials to bitcoin

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David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.