No. of Recommendations: 4
Yes, in general it works. Even rotational strategies, which require exact number of shares (i.e. 58 QQEW) can be replicated despite the contract size of 100 per contract. But when you are a resident of the EU, you might as well use a US broker, many of which let you acquire ETFs which have no KID without the trick. Some, like SCHWAB (TOS) or IB won`t, others like Tastytrade, eOptions or Tradestation won`t pose a problem. Still, for EU based clients IB-Ireland would be the most economical solution, as they allow all customers Portfolio Margin, even on account sizes of less than 20k.
Regards
Hittfeld
