Global ETF launches for 5th to 12th May
A quiet week for ETF launches brings us exposure to the Fourth Industrial Revolution from Pacer ETFs BULD, the Pacer BlueStar Engineering the Future ETF which aims to follow the BlueStar Global Robotics & 3D Printing Index.
Meanwhile, we had new ETFs focusing on Asia, with Invesco expanding its offering for investors wanting exposure to China by launching two ETFs, one focussed on the largest companies and the other on the mid-cap segment and Tabula listed a new GBP-hedged class for its Asia ex-Japan high yield ESG USD corporate bond Ucits ETF.
Finally, Dimensional Fund Advisors completed another, and its final, mutual fund to ETF conversion with the launch of its US Marketwide Value ETF. “We are pleased to complete our final planned tax-managed mutual fund-to-ETF conversion, which provides tax-sensitive investors with another tool to manage capital gains,” says Co-CEO and Chief Investment Officer Gerard O’Reilly.