New thematic ETF from HANetf on Xetra: access to fintech companies worldwide
New thematic ETF from HANetf on Xetra: access to fintech companies worldwide
Since Tuesday, a new exchange-traded fund by HANetf in cooperation with Grayscale Investments is tradable on Xetra and Börse Frankfurt.
The Grayscale Future of Finance UCITS ETF offers investors access to companies that are important for the further development of the financial system, considering innovative technologies.
The companies included in the benchmark index can be classified under one of three pillars: Financial Foundations, which include exchanges, asset managers, brokers and wealth managers that use the digital economy; Technology Solutions, which include companies that develop and provide the technology used in the digital economy; and Digital Assets, which include digital asset miners and companies that support and power the digital ecosystem.
The benchmark index is composed of a total of 20 companies, with the weighting of a stock limited to a maximum of 8 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Grayscale Future of Finance UCITS ETF | Equity ETF | 0.70 per cent | accumulating | Bloomberg Grayscale Future of Finance Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,861 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.