ETF Securities has cross-listed three ETPs on Euronext Amsterdam. Dutch investors can now access the firm’s robotics & automation, cyber security and physically backed Swiss vaulted gold ETPs on their local exchange.
Peter Lidblom, head of Netherlands and Nordics, ETF Securities.
The firm reports that appetite for its range of technology ETFs has accelerated this year, with AUM invested in the cyber security, and robotics & automation ETFs increasing by 233% and 184% respectively in 2017. Both funds have recorded 12 consecutive weeks of inflows.
The ROBO Global Robotics and Automation GO UCITS ETF (ROBO), launched in October 2014 in partnership with robotics indexing firm ROBO-GLOBAL, has seen over $270 million inflows in 2017, bringing AUM within the fund above the $530m mark.
It was Europe’s first global robotics & automation ETF, providing investors with a simple, liquid and cost-effective way to gain access to the evolving megatrend of robotics by tracking the ROBO Global Robotics and Automation UCITS Index. Globally, the market for robotics and automation is expected to be worth over $1.2 trillion by 2025, according to boutique advisory firm Myria Research. The fund has a total expense ratio (TER) of 0.80%.
The ETFS ISE Cyber Security GO UCITS ETF (ISPY) was brought to market in 2015 in partnership with US index provider ISE ETF Ventures. It tracks the ISE Cyber Security UCITS Index, providing access to a globally diversified basket of cyber security focused companies that are spread across sub-industry, country and market capitalisation.
Recently, high-profile ransomware attacks have hugely increased attention to the cyber security space and AUM of the ETF now stands at over $250m. An estimated $1 trillion will be spent globally on cyber security products and services between 2017 and 2021, according to Cybersecurity Ventures. The fund has a TER of 0.75%.
Peter Lidblom, head of Netherlands and Nordics, ETF Securities commented: “We are delighted to make these innovative products available to Dutch investors on their local exchange. We believe that in the long-term, exposure to the robotics and cyber security megatrends may deliver outperformance because both sectors are part of a major revolution. In May, tech earnings in the US came in better than expected with 84% of tech companies beating estimates.”
The ETFS Physical Swiss Gold (SGBS) is a physically backed exchange-traded commodity. ETF Securities reports that over $460m worth of assets has flowed into its gold products between 1 January and 9 June 2017. The ETC provides investors with a means to access this safe haven asset which offers portfolios a hedge against event risk and may benefit from ongoing political uncertainty in the US. It has a TER of 0.29%.
Each fund will trade in euros on Euronext Amsterdam.