Rize ETF has seen its stable of thematic equity ETFs reach $100 million in assets under management, less than a year after the launch of its first fund.
The London-based issuer offers thematic investment strategies that stand poised to benefit from secular, long-term megatrends.
The firm launched its inaugural funds in February 2020, namely the Rize Cybersecurity and Data Privacy UCITS ETF (CYBR LN), which now has over $60m in assets, and the Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR LN).
These were followed by additional launches in September 2020 of the Rize Sustainable Future of Food UCITS ETF (FOOD LN) and the Rize Education Tech and Digital Learning UCITS ETF (LERN LN), respectively the only ETFs in Europe to offer access to these global megatrends.
Between them, co-founders Rahul Bhushan, Stuart Forbes, Anthony Martin and Jason Kennard have over 35 years of combined ETF experience and were responsible for creating and managing the ‘Canvas’ UCITS ETF platform at ETF Securities, which was subsequently sold to Legal & General Investment Management in March 2018.
Commenting on the milestone, Rahul Bhushan said: “The inflows we’ve seen since the launch of Rize ETF in February are testament to the value investors are seeing in thematically-built portfolios. More than ever, conviction in traditional investing frameworks is dwindling, as technology redistributes value from the old to the new economy at an unprecedented pace.
“We’re talking about technology in food, in education, in health, in the way we work — no areas of our lives will remain untouched. And as this technological disruption permeates, we have the ability, through thematic investing, to back the companies we believe are building the type of future we want to live in.”
Rize ETF maintains listings for its ETFs on London Stock Exchange, Deutsche Borse Xetra, Borsa Italiana, and SIX Swiss Exchange.