In a move towards democratizing investments for retail clients, Lloyds (LON:LLOY) Bank and BlackRock (NYSE:BLK)'s iShares have launched the ETF Quicklist. Unveiled on Tuesday, the new offering consists of 16 UK-listed exchange-traded funds (ETFs) managed by BlackRock.
Customers can begin investing from as little as £20 monthly without incurring trading fees via a regular plan. Educational resources are also provided to guide investors through the process, emphasizing the simplicity and affordability of the initiative.
The launch of the ETF Quicklist aligns with BlackRock's recent partnership with digital bank Monzo. The collaboration saw the introduction of three multi-asset funds, which attracted over 200,000 customers to the waiting list.
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