Global ETF launches 20-27.05.21
ESG was a key theme this week, with the listing of the Solar Energy UCITS ETF on LSE offering Europe’s first pure-play exposure to the global solar energy industry. Vanguard launched the Vanguard ESG Global Corporate Bond UCITS ETF EUR providing investors with access to fixed-income bonds issued by ESG focused companies that have an investment grade rating. As always, crypto remained key, with ETC group listing exchange traded physical ether and litecoin ETCs on SIX. Simplify Asset Management launched the Simplify US Equity Plus GBTC ETF that invests at least 15 per cent of net assets in bitcoin via the Grayscale Bitcoin Trust, and FiCAS AG debuted an actively managed crypto ETP on the Vienna Stock Exchange. SonicShares set its sights on post-pandemic recovery with the listing of the SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP), the only US-listed ETF that provides investors with exposure to the three major components of the travel industry. Striking a more cautious note, the Fat Tail Risk ETF launched on NYSE, designed to protect investors’ portfolios against major market declines. Elsewhere, Strategy Shares launched the First Gold-Hedged Bond ETF (GDLB) designed to enable investors to generate income from a portfolio of investment grade corporate bonds while hedging against inflation with a gold overlay. Finally, ProShares launched the Nasdaq-100 Dorsey Wright Momentum ETF, the first ETF focusing on select Nasdaq-100 stocks identified as having the greatest potential to outperform.