Alerian makes European UCITS ETF debut on London Stock Exchange with Midstream Energy ETF via HANetf platform
-
The Alerian
Midstream Energy Dividend UCITS ETF (MMLP) has listed on London Stock Exchange
today
- First UCITS ETF
for Alerian – pioneers of energy infrastructure and MLP indexing and research
- The current yield
of MMLP is 10.36%
- MMLP will be the
9th ETP on the HANetf platform since it launched its first ETF in October 2018
30th
July 2020, London - Alerian, a world leader in North
American energy infrastructure and MLP market research and classification, has
made its UCITS ETF debut on London Stock Exchange today with TheAlerian Midstream Energy Dividend UCITS ETF (MMLP) via the HANetf
white-label platform.
“The launch of MMLP
demonstrates European investors’ interest in exposure to North American
midstream energy infrastructure,” said David LaValle, CEO at Alerian.
“We are excited about our partnership with HANetf and our joint innovation
to answer investors’ call for yield and income.”
Lida Eslami, Head of Business
Development, ETP and IOB, London Stock Exchange, commented: “We congratulate Alerian on the listing of
it debut European-listed UCITS ETF on London Stock Exchange. Alerian joins a
growing number of innovative issuers on our markets, offering institutional and
retail investors exposure to a wide range of products across assets classes and
geographies, including some of the most liquid US equities and now North
American midstream energy infrastructure. This listing is testament to London
Stock Exchange’s position as a leading listing and trading venue, providing
investors with choice and diversification suited to their portfolios and
evolving strategies.”
US-based Alerian is the world
leader in North American energy infrastructure indexing and research,
pioneering how the MLP asset class is measured and creating the most widely
used real-time benchmark for midstream MLPs – the Alerian MLP Index.
Midstream energy infrastructure
companies, including MLPs and C-corporations, generate fees by transporting,
processing, and storing oil, natural gas and natural gas liquids, driving
stable cash flows. The midstream sector has attracted investors due to its high
income-yield characteristics, particularly among MLPs.
With a historic 5 year average
yield of 7.25 [1] for the Alerian Midstream Energy Dividend
Index, which MMLP tracks, midstream energy infrastructure compares favourably to infrastructure and
energy assets as well as other income strategies while often performing more
defensively during periods of energy price declines. The current yield of the
Alerian Midstream Energy Dividend Index was 10.36% as of 30.06.20[2]
. This compares favourably to the FTSE 100 TR Index which has a current yield
of 4.42%[3]. As of June 30, companies with investment
grade credit ratings represented 82.2% of the index by weighting[4]. Past performance is no guarantee of future
performance. When you trade ETFs, your capital is at risk.
MMLP Midstream Energy
ETF also addresses a significant gap in mainstream US equity holdings as
MLPs are not included in broad US equity market indexes and midstream
corporations only represent a small portion of major US equity indices. The
inclusion of Canadian midstream corporations provides an added layer of
diversification and defensiveness. The launch of MMLP offers a rare gateway for
European investors into the North American midstream market via a diversified,
rules-based, dividend-weighted index strategy from the leaders in energy
infrastructure and MLP indexing and research, Alerian.
When you trade ETFs, your capital is
at risk.
About
Alerian
Alerian is a leading independent
index provider focused on building innovative, index-based investment
strategies. Through indexing, benchmarking and calculation services, Alerian
serves the global investment community. Built on a foundation of data rigor and
specialty research, Alerian’s comprehensive family of indexes includes the
leading energy, thematic and smart-beta indexes, such as the first real-time
MLP index – The Alerian MLP Index, S-Network Closed-End Fund Index Series,
S-Network Global Benchmark Family, S-Network Dividend and Income Indexes and S-Network
Renewable and Natural Resources Indexes. Today, Alerian has over $23 billion in
total assets tracking its indexes and has over 200 customers world-wide.