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Does an ETF available in the UK exist for this?
OldBill
Posts: 65 Forumite
Can anyone advise if there exists an ETF, available in the UK, which tracks specifically the top payment processing companies / digital payments industry? I have researched this, but I can't find any. I am thinking of a fund that tracks companies such as Adyen NV, Stripe, Square, Due and so on - all of which have benefitted massively from the recent huge rise in contactless transactions. There are general tech ETFs, but nothing this specific.
Does such an exist in the UK? Or any type of fund tracking an index of companies in this specific sub-sector?
Does such an exist in the UK? Or any type of fund tracking an index of companies in this specific sub-sector?
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Comments
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Not aware of an ETF that covers this but of course you are probably not the first to spot this opportunity so that growth expectation will now be built into their current share prices so it's only if they do better or worse than the increased expectations that counts.
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