HANetf Brings Global Innovation and Cloud Computing ETFs to Europe
Dollar GinsGlobal Index Funds joins forces with HANetf for ETF debut
Global Innovative Technology UCITS ETF (ITEK)
Global Cloud Technology UCITS ETF (SKYY)
traditional asset manager and second client to list in Europe via HANetf
London, 17 October
2018 – HANetf, Europe’s first independent ‘white-label’ UCITS ETF platform
is delighted to announce that the HAN-GINS Cloud Technology UCITS ETF (SKYY)
and HAN-GINS Global Innovative Technologies ETF (ITEK), will launch on London
Stock Exchange on 10th October, 2018.
The two new ETFs enable investors to gain exposure to
companies leading transformative technological and industrial innovation on a
global basis. The new ETFs have been developed with GinsGlobal Index Funds, a
multi-billion dollar global asset management organisation, as their inaugural
European funds and first ETFs.
The HAN-GINS Cloud Technology UCITS ETF (SKYY) tracks the
Solactive Cloud Technology Index, an index of leading companies that are active
in the field of cloud-based software and services. The fund uses an artificial
intelligence process to identify and capture a global cloud technology
opportunity set with constituents weighted by market capitalization and capped
at 4%. The fund has a TER of 75 bps.
The HAN-GINS Global Innovative Technology UCITS ETF (ITEK)
tracks the Solactive Innovative Technologies Index, a diversified, global index
of pioneering companies that are poised to create and benefit from tomorrow’s
industrial revolutions. The fund targets companies involved in Robotics &
Automation, Cloud Computing & Big Data, Cyber Security, Future Cars,
Genomics, Social Media, Augmented and Virtual Reality and Blockchain, enabling
investors to gain exposure to many world-changing, high-growth sectors in a
single trade. The fund has TER of 75 bps.
With these launches, GinsGlobal becomes the second U.S.
asset manager, (following Big Tree Capital’s launch of EMQQ earlier this
month), and the first institutional asset manager to launch a UCITS ETF through
the HANetf platform.
The launch demonstrates barriers to European ETF market
entry have been effectively dismantled by HANetf, emulating the approach of the
US ETF industry where asset managers using a white label platform to launch
ETFs has become commonplace.
Anthony Ginsberg, Founder and Managing Director of
GinsGlobal Index Funds said: “We’re delighted to be partnering with the HANetf
team on our first European ETF offerings. We believe HANetf’s Irish platform is
an attractive proposition for many global investors as they have made our
transition from mutual funds to ETFs as smooth as possible. Our unique
theme-based ETFs focusing on Cloud Computing and Innovative Technologies will
provide European investors with easy low-cost access to dynamic global
companies representing the Fourth Industrial Revolution. These two ETFs, include leaders in Robotics,
Artificial Intelligence, Cyber Security, Social Media, Future Cars, Blockchain,
Cloud Computing and Genomics. Investors benefit from Solactive’s broad-based
indices - including household names from the US, China and Europe, plus many
other ground-breaking companies.”
Nik Bienkowski, co-Founder and co-CEO at HANetf, said:
“GinsGlobal has successful and well-established institutional funds in the
U.S., and their team identified the opportunity to future-proof their business
and extend their distribution via a European ETF offering. These launches
demonstrate that the barriers to entry to the European ETF markets have been
totally dismantled. No longer do asset managers need a European footprint, or
their own ETF infrastructure to benefit from the disruptive distribution power
of ETFs. We are delighted to have worked with
GinsGlobal to bring these exciting new propositions to European investors.”