Solactive celebrates 10th anniversary

Oct 31st, 2017 | By | Category: ETF and Index News

Frankfurt-based index provider Solactive is celebrating ten years since its founding in 2007. The firm has grown to produce more than 4,500 indices for over 350 clients and there are now over 260 ETFs tracking indices calculated by Solactive.

Solactive celebrates 10th anniversary

Steffen Scheuble, CEO of Solactive

Steffan Scheuble, CEO of Solactive, commented: “This has been a wonderful ten-year journey full of excitements and challenges. Today there are more than 260 ETFs tracking indices calculated by us with over $50 billion in assets under management (AUM). This clearly shows that our business model is creating value for customers. I believe this is just the starting point of many more years of success. I want to thank everyone that has made this possible.”

The largest of the ETFs that track a Solactive index is the Global X Super Dividend ETF (NYSE Arca: SDIV), which was launched in June 2011 and currently has $996 million in AUM, closely followed by the Global X Lithium & Battery Tech ETF (NYSE Arca: LIT), which was launched in July 2010 and has AUM of $933m. The ETFs track the Solactive Global SuperDividend Index and the Solactive Global Lithium Index, respectively.

Solactive has recently launched its first series of research-based indices, including the Intuitive Beta Index family, consisting of a suite of smart beta indices relying on a quantitative framework of intuitive screens, and the Solactive Minimum Downside Volatility Series, which seeks to minimise downside risk exposure.

In addition, following the success of broad-market indices, including the Solactive Spain 40 Index underlying the db x-trackers Spanish Equity UCITS ETF (Xetra: XESP), and the Solactive Swiss Large Cap Index underlying the db x-trackers Swiss Large Cap UCITS ETF (Xetra: XSMI), the firm is planning to launch the Solactive Global Benchmark Series. This suite of market-cap-weighted benchmarks will enable customers to gain cost-efficient exposure to individual countries, regions and global markets.

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