Thematic ETF specialist Rize ETF hits USD50m mark eight months after launch
Rize ETF, Europe’s first specialist thematic ETF issuer, which launched in February 2020, has reached USD50million in Assets Under Management (AUM) across its range of thematic ETFs.
Rize ETF came to market in February 2020 with the launch of the Rize Cybersecurity and Data Privacy UCITS ETF (CYBR) and the Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR). In September this year, they followed the initial launches with the Rize Sustainable Future of Food UCITS ETF (FOOD) and the Rize Education Tech and Digital Learning UCITS ETF (LERN), both firsts of their kind in Europe.
Rize ETF was created in 2019 by co-founders Rahul Bhushan, Stuart Forbes, Anthony Martin and Jason Kennard. The team has over 35 years of combined ETF experience, previously having created and managed the UCITS ETF platform (known as “Canvas”) at ETF Securities which was subsequently acquired by Legal & General Investment Management (LGIM) in March 2018.
Today, Rize ETF offers European investors a one-stop shop for thematic investing and with each ETF backed by a dedicated sector/theme expert, addresses a global shift in preference toward a more relatable, transparent and meaningful style of investing.
The company aims to achieve a balance between generating long-term returns and backing companies that are engendering the kind of future we want to live in.
Thematic investing has seen a surge in 2020, propelled further by COVID-19 and its associated ‘WFH’ and ‘digitalisation’ tailwinds. The Rize team believes that thematic investing will only garner much bigger interest and demand from here.
Rahul Bhushan, co-founder of Rize ETF, says: “We have spotted an opportunity to truly address how the modern-day investor wants their capital to be mobilised; backing tomorrow’s winners and industry game-changers - companies engendering meaningful change in the world. On the fund selection side, we have seen a recognition in the way these highly customised and targeted thematic portfolios can be used, not just to access long-term growth stories but also to address key global challenges. Sustainable Food and Digital Education are perfect examples of where these two objectives intersect. These ETFs are just the starting point for us.”
2020 has been a year of change and challenge. Nevertheless, the Rize team continues to look for catalysts in the real world that are manifesting themselves as long-term investable growth stories in publicly listed companies.
Rahul Bhushan says: “Our thinking has led us down the path of technology (eg Cybersecurity), healthcare (e.g. Medical Cannabis), demography (eg Digital Education) and even consumption (e.g. Sustainable Food). We will continue to let emerging trends guide us in the direction of the next big investable opportunities.”
Commenting on reaching the USD50 million mark, David Barfoot, Head of UK, Ireland and Channel Islands Distribution at Rize ETF says: “To have hit USD50million in AUM during the global pandemic is extremely gratifying and we continue to go from strength-to-strength. We plan to develop and issue more ETFs next year, each aligned to further long-term themes as consumer demand and technologies develop.”