HANetf & Purpose Investments Confirm Listing of The Medical Cannabis & Wellness UCITS ETF
- The Medical Cannabis
& Wellness UCITS ETF lists on Deutsche Boerse XETRA
today under the ticker CBSX
- CBSX is the first medical
cannabis ETF to be listed in Europe
- CBSX has been passported to
London and Italy
- First UCITS ETF from Purpose
Investments, launched via HANetf’s independent white-label ETF platform
January, 2020 - HANetf
and Purpose Investments are pleased to confirm the listing of The Medical
Cannabis and Wellness UCITS ETF on Deutsche Boerse XETRA today. The fund has listed with the ticker CBSX with
a Total Expense Ratio (TER) of 80bps. The ETF is passported for distribution to
launch is significant, providing the first opportunity for European investors
to gain exposure to the fast-growing medical cannabis sector via a transparent,
diversified and rigorously screened basket of legal cannabis, hemp and
of launch, the Medical Cannabis and Wellness UCITS ETF includes companies from
across the medical cannabis ecosystem, including producers, hydroponics
suppliers, biotech companies, consumer product producers and ancillary service
providers. Key constituents include companies like GW Pharmaceuticals,
Charlotte’s Web and Innovative Industrial Properties.
McNeil, co-CEO of HANetf said: “The launch of this ground
breaking ETF means European investors can now access this emerging industry
with huge growth potential through a regulated UCITS ETF.
Purpose Investments are one of Canada’s most
experienced and successful providers of cannabis funds and they recognised the
opportunity to expand their distribution into Europe. We’re delighted to have
worked with them to launch their first European-listed fund, adding
to our range of ETFs which target long-term, transformational themes.
also emphasises the power of the HANetf platform to enable asset managers to
leverage their expertise and bring distinctive new opportunities to European
For more information about the fund, please
visit The Medical Cannabis &
Wellness UCITS ETF fund page.
Investments and HANetf will be hosting a webinar on the 14th January
at 3pm titled “Introducing The Medical Cannabis and Wellness UCITS ETF
(CBSX). To register visit: www.hanetf.com/webinars
Date: Tuesday 14th January 2020.