LGIM expands ETF vary with metaverse providing

Three of LGIM’s new ETFs deal with particular themes of optical know-how and photonics, rising cybersecurity and the metaverse, whereas the latter is predicated in varied world thematic investments.

The launch makes LGIM the third agency in every week to launch a metaverse ETF, with each Constancy Worldwide and Franklin Templeton saying launches yesterday.

Whereas optical know-how and photonics, rising cybersecurity and world themes all sit inside LGIM’s thematic vary, the metaverse ETF might be a part of the agency’s newly created entry vary, meant to offer publicity to buyers searching for entry to non-traditional funding alternatives.

Franklin Templeton adds new metaverse ETF to $12bn LibertyShares platform

The entire new ETFs additionally particularly embody an ESG overlay, which goals to exclude firms not compliant with the UN International Compact.

The L&G Metaverse ESG Exclusions UCITS ETF tracks the iStoxx Entry Metaverse index, focusing on firms concerned in {hardware} provision, software program advances, networks and digital funds to “augment human policing of the metaverse”. It has a TER of 0.39%.

The L&G Optical Expertise & Photonics ESG Exclusions UCITS ETF will observe the Solactive EPIC Optical Expertise and Photonics index.

It’s the first ETF in Europe to trace the theme, investing in firms concerned within the science of making, manipulating, transmitting and detecting gentle. LGIM stated that the ETF makes use of the experience of the European Photonics Trade Fee. It has a TER of 0.49%.

Fidelity unveils metaverse ETF as part of thematic range

In the meantime, the L&G Rising Cyber Safety ESG Exclusions UCITS ETF tracks the Solactive Rising Cyber Safety index, specializing in firms concerned in blockchain-enabled safety options, {hardware} safety and menace intelligence.

It goals to enrich the LGIM Cyber Safety UCITS ETF (HURN) that launched in 2015. It has a TER of 0.49%.

The L&G International Thematic ESG Exclusions UCITS ETF tracks the Solactive International L&G Thematic Lookthrough index, investing in varied themes whereas specializing in innovation and long-term progress.

It brings collectively the funding universes of the agency’s present particular person thematic methods with 9 completely different funding themes. It has a TER of 0.60%.

Aanand Venkatramanan, head of ETFs, EMEA, stated: “Thematic funding methods have seen robust investor curiosity over current years, because of their means to capitalise on structural and foundational adjustments in the best way we stay and work.

AXA IM launches new ETF platform

“Three of the funds launched today capture some of the most innovative and disruptive companies shaping global economies, while the Global Thematic fund will seek to allow investors to gain exposure to multiple themes, in an easily accessible format.”

James Crossley, head of UK wholesale distribution, added: “Thematic investing is about figuring out alternatives that may drive structural and basic adjustments in our lives, work, and society. Funding methods focusing on these tendencies have seen robust curiosity from purchasers for a few years.

“We believe these new funds provide a comprehensive addition to our ETF range, both for investors looking for purer exposure to themes, but also for those seeking to invest in a diversified way without having to pick and choose between themes.”