HANetf issue two ETFs following a collaboration with GinsGlobal. HAN-GINS Cloud Technology UCITS ETF (SKYY) and HAN-GINS Global Innovative Technologies ETF (ITEK) is listed on the London stock exchange with a TER of 0.75%.
SKYY tracks the Solactive Cloud Technology Index. The index is comprised of the leading companies within the cloud software and services industry. With the assistance of an AI process, SKYY is comprised with constituents weighted by market capitalisation and is capped at 4 per cent.
ITEK tracks the Solactive Innovative Technologies Index. The index is comprised of companies which are up to date with the latest technology, spanning from a variety of markets. These markets include robotics and automation, cloud computing, cyber security, social media, blockchain and many more.
GinsGlobal becomes the first institutional asset manager to launch a UCITS ETF through HANetf’s platform. HANetf and GinsGlobal are pleased with the accessibility to the European ETF markets proven by these two new products.
Nik Bienkowski, co-Founder and co-CEO at HANetf, said: “These launches demonstrate that the barriers to entry to the European ETF markets have been totally dismantled. No longer do asset managers need a European footprint, or their own ETF infrastructure to benefit from the disruptive distribution power of ETFs. We are delighted to have worked with GinsGlobal to bring these exciting new propositions to European investors.”