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World’s Leading Energy Infrastructure and MLP Index Provider, Alerian, has listed Midstream Energy ETF on Deutsche Boerse via HANetf platform

  • The Alerian Midstream Energy Dividend UCITS ETF (JMLP) has listed on Deutsche Boerse’s Xetra today 
  • First UCITS ETF for Alerian -pioneers of energy infrastructure and Master Limited Partnerships (MLP) indexing and research 
  • The current yield of JMLP is 11.08% 
  • MMLP will be the 9th ETP on the HANetf platform since it launched its first ETF in October 2018

 

6th August, 2020 

Alerian, a world leader in North American energy infrastructure and MLP market research and classification, will make its UCITS ETF debut via the HANetf white-label platform with The Alerian Midstream Energy Dividend UCITS ETF (JMLP).

The Irish-domiciled ETF, the Alerian Midstream Energy Dividend UCITS ETF (JMLP) is benchmarked to the Alerian Midstream Energy Dividend Index (AEDW) and has listed on Deutsche Boerse today.

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. As of 30th June, 2020, Alerian had a 75.8% AuM market share for US-listed passive MLP exchange traded products[1].

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%[2] for the Alerian Midstream Energy Dividend Index, which MMLP tracks, midstream energy infrastructure compares favorably 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 11.08%[3].  As of July 31, companies with investment grade credit ratings represented 84.1% of the index by weighting[4].  Past performance is no guarantee of future performance. When you trade ETFs, your capital is at risk.

JMLP 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 JMLP 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.

JMLP represents a significant step forward from first generation MLP ETFs that tended to track end-of-day market cap weighted indices or capture only a narrow slice of the overall midstream energy market. JMLP has improved on this approach by tracking a real-time dividend-weighted index that contains over 30 constituents - including MLPs, US corporations, and Canadian corporations - providing broad midstream exposure and diversification.

“The launch of JMLP 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.”

Hector McNeil co-CEO of HANetf said “We are excited to bring JMLP to European investors who are in desperate need of more high-yielding and stable income streams. JMLP is the first and currently only UCITS ETF that embeds the expertise, coverage and classification of the world leader in this sector - Alerian. Launches like this illustrate why HANetf was created – to offer real value-added investment solutions in a transparent and tradable format.

“The North American energy infrastructure market represents a favourable investment opportunity. With the onset of the coronavirus crisis and the recent collapse in energy prices to levels never seen before, midstream energy companies have been trading at historically big discounts. With the expectation that the global economy will gradually lift lockdown restrictions and reopen for business, and as shale production and energy demand recover to pre-crisis levels, midstream energy companies offer an attractive risk-return opportunity to investors. JMLP will be an excellent way to invest in that opportunity.”

The fund listed last week on London Stock Exchange and will also list on Borsa Italiana this week.  The Midstream ETF has been passported across Europe to Austria, Denmark, Finland, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden and UK. 

When you trade ETFs, your capital is at risk. 

ETF  EXCHANGE  BB CODE  ISIN  SEDOL  CCY 
Alerian Midstream Energy Dividend UCITS ETF (MMLP) LSE  MMLP  IE00BKPTXQ89 BMVFZ02 USD
Alerian Midstream Energy Dividend UCITS ETF (PMLP) LSE PMLP LN IE00BKPTXQ89 BL96TT7 GBP
Alerian Midstream Energy Dividend UCITS ETF (JMLP) Deutsche Boerse Xetra JMLP GY IE00BKPTXQ89 BMHVZP9 EUR
Alerian Midstream Energy Dividend UCITS ETF (MMLP) Borsa Italiana MMLP IM IE00BKPTXQ89 BMHVZQ0 EUR

 

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