Lonsec recommends three Market Vectors ETFs
Lonsec has rated three of Van Eck Global's Market Vectors exchange traded funds (ETFs) as ‘recommended' the funds manager revealed.
Van Eck Australia managing director, Arian Neiron, said the ratings came as ETFs have gained traction among advisers, self-managed superannuation funds and brokers.
The research house gave its approval to the Market Vectors Australian Equal Weight ETF (MVW), Market Vectors Gold Miners ETF (GDX) and Market Vectors Australian Banks ETF (MVB).
"We have seen strong demand for our investment strategies," Neiron said.
"Our ETFs can be valuable tools for financial advisers, and their clients, to build a range of solutions for managing portfolios with benefits of low cost, transparency and liquidity."
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