Innovator Capital Management (Innovator) has launched the Innovator Defined Wealth Shield ETF (BALT) on the Cboe. BALT will use options on SPY (SPDR S&P 500 ETF Trust) in seeking to provide exposure to the equity market, to a cap, while targeting a significant buffer against losses in SPY each calendar quarter.
ESG concerns dominated fund launches this week. Carbon offsetting specifically was a key theme, with BNP Paribas listing the BNP Paribas Easy Low Carbon 300 World PAC UCITS ETF, a thematic listed index fund offering savers an investment solution to reduce the carbon footprint of their portfolio, and Purpose Investment and HANetf launching Europe’s first carbon offset ETF on the LSE. HANetf also debuted new renewable energies and aviation thematic ETFs on Xetra, focusing on 50 companies worldwide that supply products for decentralised renewable power generation. IndexIQ launched a new ESG Core Plus Bond ETF in partnership with MacKay Shields, and iShares listed new sustainability-focused ETFs on Xetra, tracking the performance of medium-sized and large companies from the USA selected on the basis of standardised ESG exclusion filters. The first ESG-focused Gold Mining ETF is to launch on the LSE, allowing investors to access the gold mining sector in a responsible way. Finally, moving away from sustainable investing, 21Shares listed the Solana ETP on SIX Exchange, offering additional yield through staking rewards by validating transactions on the Solana blockchain.
A new exchange traded fund issued by HANetf has been tradeable via Xetra and Börse Frankfurt since Wednesday.
A new exchange traded fund issued by BNP Paribas Easy has been tradeable on Xetra and Börse Frankfurt since Tuesday.
iShares has listed a sustainability-focused ETF on Xetra and Börse Frankfurt.
Does DFA’s mutual fund-to-ETF conversion toll the death knell for the US mutual fund industry? Comment from BNY Mellon’s Slavin and leading US financial planner firms on that, plus ESG and crypto
Trading has just commenced for the ETFs converted from US mutual funds by Dimensional Fund Advisors (DFA), with USD637 billion under management, with Nicole Hunter, head of capital markets, announcing that the firm is ‘just getting started’.
Assets invested in ETFs and ETPs listed in Japan reached a record USD556 billion at the end of May, according to data release BY ETFGI.
Solactive has announced a substantial expansion of its ETF Services business in the APAC markets with the German index provider now delivering iNAV Calculations and Daily Portfolio Composition Files (PCF) for four thematic ETFs listed on Tokyo Stock Exchange.
IndexIQ has launched the IQ MacKay ESG Core Plus Bond ETF (ESGB), which focuses on investment in securities within the core bond universe that satisfy environmental, social, and governance (ESG) criteria developed by MacKay Shields (MacKay), a fellow New York Life Investments boutique and a global asset manager focused on fixed income and equity investing.
A new exchange traded fund issued by Amundi – the Amundi US Treasury 7-10 UCITS ETF (DR) – Hedged EUR (C) – is now trading on Xetra and Börse Frankfurt.