New on Xetra: J.P. Morgan launches further actively managed Research Enhanced Index ETFs and a climate-friendly ETF focussing on developed countries
October 22, 2024--Since Tuesday, five new exchange-traded funds issued by J.P. Morgan Asset Management have been tradable on Xetra and via Börse Frankfurt, four of which are actively managed.
The three new actively managed ETFs from the Research Enhanced Index series are available as accumulating share classes in euros and focus on companies from the USA, developed countries or emerging markets.
The investment management follows a fundamental bottom-up approach to stock selection and an enhanced approach to individual stock weighting.
Companies with the greatest potential for above-average performance are overweighted, while stocks that are considered to be the most overvalued are underweighted.
The JPM EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF-EUR (dist) pursues an active investment strategy and invests primarily in euro-denominated corporate bonds with an investment grade rating, regardless of the issuer's domicile.
The JPM Carbon Transition Global Equity (CTB) UCITS ETF- EUR (acc) tracks the performance of the JPMorgan Asset Management Carbon Transition Global Equity Index. The index is composed of large- and mid-cap stocks from developed markets and aims to meet the long-term goals of the Paris Climate Agreement.
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Source: Xetra
New share class from AXA IM on Xetra: Access to climate-friendly companies from developed countries worldwide with currency hedging
October 22, 2024--Since Tuesday, a new exchange-traded fund issued by AXA Investment Managers has been tradable via Xetra and Börse Frankfurt.
The AXA IM MSCI World Equity PAB UCITS ETF (H) Accumulation EUR invests in large- and mid-cap companies listed on the equity markets of 23 developed countries.
The ETF is based on the objectives of the Paris Climate Agreement. Companies are selected and weighted to mitigate climate-related physical and transition risks on the path to a lower-carbon economy, while capturing the opportunities arising from this transition.
It is an accumulating share class that hedges currency risks between the base currency and the euro.
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Source: Xetra
GraniteShares-Delisting ETPs-Euronext Paris
October 21, 2024--GraniteShares Financial Plc (the "Issuer") NOTICE OF DELISTING
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Source: GraniteShares Financial PLC
Pension fund and insurance company use of ETFs surges in Europe
October 18, 2024--Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock
Institutional adoption of exchange traded funds by asset owners such as pension funds and insurance companies has accelerated in Europe since 2020, according to BlackRock's analysis of its own iShares ETF ownership.
There has been a compound annual growth rate of 29 per cent since 2020 in the value of iShares held by the largest European institutions, said Kirst Kuipers, head of institutional iShares sales Emea and head of official institutions sales Europe.
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Source: ft.com
New Fixed-Income ETFs from Xtrackers on Xetra: Access to Maturity ETFs on Euro Corporate Bonds
October 18, 2024--Since Friday, four new exchange-traded funds from Xtrackers have been tradable on Xetra and Börse Frankfurt.
Xtrackers is expanding its Target Maturity ETF product range with additional maturity dates to its distributing share classes: The four Target Maturity Sept EUR Corporate Bond UCITS ETFs provide investors with access to a broadly diversified portfolio of corporate bonds that mature within 12 months of the ETF's maturity date.
Upon maturity, investors receive the nominal value of the bonds proportionally, while interest payments are distributed on a quarterly basis.
The four new ETFs invest in fixed income, investment grade corporate bonds denominated in Euro. The weighting is capped at 3 per cent per issuer. Additionally, sustainability criteria are considered to exclude bonds that do not meet Xtrackers’ ESG standards. Investors can choose between maturities in 2028, 2030, 2032, or 2034.
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Source: Xetra
New at Xetra: Amundi ETF provides access to US companies focussing on sustainability with currency hedging
October 17, 2024--A new exchange-traded fund issued by Amundi Asset Management has been tradable on Xetra and Börse Frankfurt since Thursday.
The Amundi MSCI USA ESG Leaders Extra UCITS ETF Acc EUR Hedged invests in large and medium-sized US companies that are part of the main index MSCI USA, have a solid ESG profile, and a positive trend towards improving this profile.
The underlying benchmark index, MSCI USA Select ESG Rating and Trend Leaders, currently comprises 318 stocks with a similar sector weighting to the main index. The main sectors are financials, healthcare and IT, with Microsoft, Nvidia and Alphabet being the three most represented companies.
It is an accumulating share class that is currency-hedged against the US dollar.
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Source: Xetra
New bond ETFs from L&G on Xetra: access to corporate bonds with short duration
October 17, 2024--Since Thursday, two new exchange-traded funds from Legal & General Investment Management have been tradable via Xetra and Börse Frankfurt.
The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF tracks the performance of the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index and provides an accumulating and currency-hedged share class.
Both ETFs offer access to a portfolio of short-duration corporate bonds denominated in euros or US dollars, excluding banks as issuers. The bonds have an investment grade rating and an outstanding volume of at least €300 million.
Environmental, social and governance guidelines are taken into account when selecting issuers. Companies with controversial business areas such as tobacco, weapons or thermal coal are excluded.
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Source: Xetra
L&G expands fixed income ETF range with the launch of ex-banks corporate bond UCITS ETF
October 17, 2024--First of its kind ETF focuses on quality, stability, diversification and income.
Legal & General's Asset Management division has today announced the expansion of its ETF range with the launch of the L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF. The ETF will provide investors with exposure to highly rated Euro- and USD- denominated corporate bonds with a short duration and exclude bank issuers.
Anchor investor in this ETF is German asset manager Gerd Kommer Invest (GKI).
This launch will add to L&G Asset Management's broad set of capabilities in the index fixed income space, with the ETF complementing its successful existing range, including the L&G India INR Government Bond UCITS ETF and the L&G ESG EM Corporate Bond UCITS ETF amongst other strategies.
The banking sector accounts for a large share of total issuance within today's global corporate bond market. Such concentration can limit the diversification effects of many corporate bond indices on the market.
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Source: Legal & General
Deutsche Boerse welcomes Leonteq as new ETN issuer on Xetra
October 17, 2024--The first ETN provides access to the European Short-Term Rate.
Since Thursday, an exchange-traded note (ETN) from Leonteq has been tradable on Xetra and örse Frankfurt for the first time.
The Leonteq EUR Overnight Return Index ETP is a bond that tracks the performance of the Leonteq EUR Overnight Return Index and, above it, the European Short-Term Overnight Rate (ESTRON). This measures the interest rate for overnight loans in euros.
The Leonteq EUR Overnight Return Index rises by 1/360 of the ESTRON reference interest rate per calendar day. The product is fully secured by a fiduciary structure.
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Source: Xetra
New strategy ETF from Fidelity on Xetra: access to companies from industrialised countries with high-quality fundamental data
October 16, 2024-- A new exchange-traded fund issued by Fidelity has been tradable on Xetra and Böo;rse Frankfurt since Wednesday.
The Fidelity Global Quality Income UCITS ETF pursues a passive investment strategy and tracks the performance of the Fidelity Europe Quality Income Index. The index is composed of stocks of large-and mid-caps from developed countries that pay dividends and have high-quality fundamentals.
Stock selection is based on fundamental research and quantitative techniques to identify financially solid companies. Fundamental indicators such as the free cash flow margin, the return on invested capital and the stability of the free cash flow are used.
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Source: Xetra