Great Britain heads to the polls on Thursday May 7 and the only certainty appears to be a raft of uncertainty. Prime Minister David Cameron is facing off against Labour Party leader Ed Miliband and Liberal Democrat Party leader Nick Clegg with a substantial part of the electorate still undecided.

“As many as 40 percent of British voters are undecided or could switch parties on election day, according to a ComRes survey, published at the end of March,” reports Chris Zappone for the Sydney Morning Herald.

The BBC reports no party is likely to claim an outright, resulting in a hung parliament. Great Britain’s parliament has 650 seats. http://www.bbc.com/news/election-2015-32578525

Uncertainty surrounding the election’s outcome could give way to opportunity with U.S.-listed exchange traded funds, including the newly minted Recon Capital FTSE 100 ETF (NasdaqGS: UK) and currency hedged ETFs, such as the Deutsche X-Trackers MSCI United Kingdom Hedged Equity ETF (NYSEArca: DBUK) and the WisdomTree United Kingdom Hedged Equity Fund (NasdaqGM: DXPS). [Sterling Hedged ETFs Shine]

Predictably, market observers have their preferred outcomes for Thursday’s U.K. electoral tussle.

“Over the past five years, David Cameron’s gutsy decisions and strong leadership have helped the U.K. economy emerge from the global recession in far better shape than the rest of Europe,” said Recon Capital’s Kevin Kelly.

Recon’s UK debuted last week as the first U.S.-listed ETF to track the U.K.’s benchmark FTSE 100 index. The FTSE 100 allocates nearly 12% of its weight to energy names with banks at almost 10.5% being the only other sector to command a double-digit weight, according to Recon Capital data. Personal and home goods along with industrial goods and services each have weights north of 9% in the index.

Showing Page 1 of 2