Fount launches ‘metaverse’ and ‘subscription economy’ ETFs
Nov 4th, 2021 | By Simon Smith, CFAFount Investment, a South Korean fintech firm, has made its ETF debut with the launch of a pair of thematic equity strategies on NYSE Arca.
Fount Investment, a South Korean fintech firm, has made its ETF debut with the launch of a pair of thematic equity strategies on NYSE Arca.
Bitwise Asset Management has launched its debut ETF, a thematic equity strategy offering exposure to publicly listed companies at the forefront of the cryptocurrency industry.
Roundhill Investments has launched a new actively managed ETF, the Roundhill MVP ETF (MVP US), providing exposure to the world of professional sports.
South Korean artificial intelligence (AI) firm Qraft Technologies has unveiled its latest ETF in the US with the launch of the Qraft AI-Enhanced US Next Value ETF (NVQ US) on NYSE Arca.
New US ETF issuer NextFins has launched its debut ETF which provides exposure to financial services companies based in India. The Nifty India Financials ETF (INDF US) has listed on NYSE Arca and tracks the Nifty Financial Services 25/50 Index.
US investment adviser Cabana Asset Management has introduced its debut suite of ETFs with the launch of five multi-asset, risk-managed funds.
The Emerging Markets Internet & Ecommerce ETF (EMQQ US) has topped $1 billion in assets under management.
North Shore Indices has partnered with white-label ETF provider Exchange Traded Concepts to launch an ETF providing exposure to US companies with dual share class structures.
South Korean artificial intelligence firm Qraft Technologies has unveiled its latest ETF in the US with the launch of the Qraft AI Enhanced US High Dividend ETF (HDIV US) on NYSE Arca. The actively managed fund invests in a portfolio of dividend-paying US-listed securities while using proprietary AI to select companies whose stock prices are expected to outperform. Hyung-Sik Kim, CEO and Co-Founder of Qraft Technologies, commented, “In the future, we expect AI-enhanced products have the potential to become substitutes for broad market indices if we prove it with our technologies.”
The Royal Mint has become the first government-owned mint in Europe to issue an exchange-traded product with the launch of the Royal Mint Physical Gold Securities ETC on the London Stock Exchange. The ETC provides exposure to allocated physical gold bars sourced in line with LBMA’s Responsible Sourcing Programme and stored in the Royal Mint’s vault in Wales. It is available to trade in USD (RMAU LN) and GBP (RMAP LN), and comes with a total expense ratio of 0.22%.