Innovator Capital Management has listed the Innovator Stacker ETFs which offer a “stacked” or multiple exposure on the upside, to a cap, with a single exposure to the downside.
Launches & Fundraising
TrueMark Investments has launched TrueShares Structured Outcome (October) ETF (OCTZ), the fourth ETF in the True-Shares structured outcome product suite.
Special Purpose Acquisition Companies, or SPACS, have been all the rage in 2020 and now investors can get access to the most liquid SPAC IPOs in a diversified basket with the Defiance Next Gen SPAC Derived ETF. Other notable newcomers in a busy week for ETF launches, include the first actively-managed, Shariah-compliant, global equity ETF from Almalia, plus Red Gate Advisers' Stance Equity ESG Large Cap Core ETF, which is the first fund to utilise Blue Tractor's shielded alpha ETF wrapper.
Defiance ETFs has launched the first SPAC ETF, the Defiance Next Gen SPAC Derived ETF (SPAK).
ClearShares is to launch the ClearShares Piton Intermediate Fixed Income ETF on 2 October, 2020 on the New York Stock Exchange.
Blackrock has launched the iShares S&P 500 Swap UCITS ETF USD (Acc) on Xetra and Börse Frankfurt.
Amundi has launched two new ESG ETFs – one on Xetra and one on Euronext Paris.
The first outing for Blue Tractor and its shielded alpha ETF wrapper will be with Red Gate Advisers, a newly formed multi-boutique investment adviser set to launch its first fund, the Stance Equity ESG Large Cap Core ETF, which will be administered by the RBB Fund, Inc Series Trust.
International financial services group, Almalia, is to launch the world’s first active global equity Shariah compliant ETF – The Almalia Sanlam Active Shariah Global Equity UCITS ETF – via the HANetf platform, on the London Stock Exchange (LSE).
Global X expands thematic ETF range with China Biotech Innovation ETF (CHB) tracking a Solactive Index
Solactive has launched a thematic index providing targeted exposure towards the rapidly growing Chinese biotechnology sector, which is being used by Global X for a new thematic ETF.