Another week, and another batch of ‘green’ fund launches – two Paris-aligned, climate ETFs from Franklin Templeton based on STOXX and S&P indices, plus the debut on Xetra of a new fund from Credit Suisse focused on sustainable investments with low volatility. Elsewhere, Lyxor added a new global government bonds fund to its low-cost Core range, while Global Beta launched two factor-based ETFs, CIBC a brace of Global Equity funds, and FiCAS debuted an actively managed Crypto ETP…
New Global ETF Launches
No sign of a summer lull in ETF launches as yet with a raft of new funds on offer this week. Alerian made its UCITS ETF debut via the HANetf platform, while American Century Investments, Lyxor and Amundi all launched new ESG/sustainable investment funds. Elsewhere, Invesco debuted a currency gold ETC on Xetra, while Amundi added to its low-cost Prime ETF range, Chimera Capital launched a new fund tracking a Shariah-compliant S&P index, and Franklin Templeton listed a new ultra short bond ETF.
Another week, another batch of new ESG ETFs with HSBC, Amundi, Vanguard and Deka Investments all adding to their line-up of sustainable and climate-friendly funds. Elsewhere, Toews Corporation made its debut in the ETF space with the launch of its Agility Shares actively managed family of funds…
There’s a decidedly green hue to this week’s new launches starting with the addition of four new Paris-aligned funds to Lyxor’s climate ETF range. UBS GAM meanwhile, debuted a new Pacific-focused equities ETF on Xetra, while Amundi’s latest offering is the MSCI Emerging ESG Leaders UCITS ETF.
This week’s new launches include a fund that provides investors with access to one of the few sectors to have benefited from the coronavirus pandemic, the Direxion Work From Home ETF, which is based on a Solactive index, as are Hamilton ETFs’ latest offerings covering the Australian and Canadian banking sectors. Elsewhere, Toews Corporation launched a family of Agility Shares ETFs, while Pacer ETFs added four new funds to its offering…
After the recent rush of new ETF launches, things have been a little quieter this week. UBS Global Asset Management debuted two new funds on Xetra and Börse Frankfurt – a sustainable investment fund and a commodity strategy that simultaneously takes a short and long position in two commodity indices. Elsewhere, Global X launched a preferred stock fund and Catholic Values ETF, while ETFMG added a biotech fund to its thematic offering.
In a bumper week for new ETF launches, Leverage Shares expanded its range of LSE-listed S&L ETPs to 40 with the addition of 28 new products based on the heavily traded US stocks. Franklin Templeton meanwhile, added a US Treasuries ETF to its range of active ETFs for US investors, while Direxion debuted three ‘buy and hold’ funds and Ossiam launched a new fund to replicate the performance of the ICE (Intercontinental Exchange) 3-5 Year Euro Government Carbon Reduction Index.
Another busy week for launches saw AllianzIM make its ETF debut with the launch a new product line based on buffered outcome products designed to match the returns of the S&P 500 Price Return Index up to a stated cap, while providing downside protection. Other interesting launches included a 28-strong range of S&L ETPs from Leverage Shoes, a Sports Betting ETF from Roundhill and a bitcoin ETP from ETC Group and HANetf.
In a bumper week for new ETF launches, Legg Mason entered the brave new world of the semi-transparent ETF with the launch of the ClearBridge Focus Value ETF (CFCV), a series of the firm’s ActiveShares ETF Trust, on the Chicago Board Options Exchange (Cboe). Staying with active fund launches, Fidelity launched a family of three ESG funds, while TDAM added five new equity ETFs on the Toronto Stock Exchange, and Hamilton ETFs debuted the Hamilton Financials Innovation, also on the TSX.
European white-label ETF and ETC platform HANetf broadened its horizons this week with news of its first five launches on the SIX exchange in Switzerland offering investors transparent and liquid exposure to long-term social, medical and technological ‘megatrends’. Elsewhere, bonds where the focus for both KraneShares and DWS with the former launching a new Chinese bond market ETF, and the latter a brace of funds offering access to US government and Eurozone bonds. JP Morgan meanwhile launched two new active transparent equity ETFs.