Any info on ETSBRK and RBSBRK?

Hi Paul,

Looking at stocks on the ASX I noticed two stocks that look like they are associated with Berkshire – ETSBRK and RBSBRK.

Could you please give me some information about them? Are they ETF’s following Berkshire Hathaway in the USA?

As always, many thanks for your time,

Julie

A: Thanks for the question.


RBSBRK is an ‘exchange traded certificate’ issued by RBS Australia over an underlying share, Berkshire Hathaway  (see http://markets.rbs.com.au/au/learning/market-access-products/etis.aspx ). This product is listed on the ASX, however liquidity is pretty low.


I can’t find any current information on ETSBRK.


Regards,



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