A Guide To UCITS ETFs In Ireland - November 2016

Introduction

There has been dramatic growth in recent years both in terms of the size of the ETF market and the number of products available in the market. As of September, 2016, assets in Global ETFs amounted to US$3.24 trillion with the biggest market being in the United States with assets in US ETFs amounting to US$2.42 trillion1. In Europe, there has also been year on year growth with assets in European ETFs amounting to US$5362 billion as of September 2016 in relation to which Ireland is home to 54% of such ETF assets3 significantly more than its nearest rival domicile making Ireland the leading European domicile for these types of funds.

This brochure gives an introduction to ETFs and how they have evolved over time, with further details on how ETFs operate in the primary and secondary markets, UCITS regulatory requirements, listing on the Irish Stock Exchange and the ability to passport to be admitted to trading on the London Stock Exchange and finally some