What are ETFs?

Generally ETFs are like investment funds, but they trade on major stock exchanges just like shares.
Unlike investing in individual shares, most ETFs offer the benefits of a diversified portfolio covering
the component stocks of an underlying index. In other words, many of the risks involved are reduced
by spreading them across a wide portfolio.

Typically, ETFs can be traded during dealing hours so investors can check prices and place orders just
like for shares.

This is a relatively inexpensive way of gaining exposure to literally hundreds of transactions through
a single security.

What type of ETFs are available?

It's possible to invest in ETFs linked to country or regional stock market indices as well as specialist
sectors. Through the Synergy products listed below, you can invest in ETFs quoted on the Irish and
London stock exchanges (subject to dealing availability through Stocktrade and approval by Standard Life).
Here are some examples:

iShares S&P Global Water 50	iShares S&P Global Timber & Forestry	iShares S&P Global Clean Energy

Exchange traded funds (ETFs) can be bought through Stocktrade on the following Synergy products*:

• Investment Bond**
• Personal Pension
• Executive Pension
• Buy Out Bond
• Approved retirement funds
• Portfolio approved retirement funds

*If you choose to invest in ETFs, you need to complete a Brewin Dolphin (Stocktrade) Appropriateness
Assessment form

If you are currently investing in the Synergy Investment Bond and wish to invest in ETFs you may need to
complete a supplementary application for ETFs

**Note: Only available to new and existing clients whose policy numbers start with AB1