VanEck accelerates growth and announces four new ETFs
VanEck is expanding its range of exchange traded funds (ETFs) with four new offerings, as it experiences growth in its assets under management based on strong demand from investors for its leading investment products.
Sydney, 24 August 2020 – VanEck is expanding its range of exchange traded funds (ETFs) with four new offerings, as it experiences growth in its assets under management based on strong demand from investors for its leading investment products.
The VanEck Vectors Global Healthcare Leaders ETF (ASX: HLTH), VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO), the VanEck Vectors Morningstar®World ex Australia Wide Moat ETF (ASX: GOAT), and the VanEck Vectors Morningstar®Australian Moat Income ETF (ASX: DVDY) are in final stages of preparation and are expected to commence trading on ASX in coming weeks.
Arian Neiron, VanEck's Managing Director and Head of Asia Pacific, said: “VanEck will soon have 25 exchange traded funds listed on the ASX, up from 19 a year ago. We are launching these new products to meet the strong demand in Australia for low cost rules-based investment products that can help investors achieve their long-term wealth objectives.
“Our business is growing, with assets under management (AUM) having soared 46% over the last year to 31 July. We have expanded our Australian team across core business functions to position the business for even greater growth, market penetration and engagement across the investor, institutional and adviser community,” said Neiron.
“Our products are predicated on well considered investment theses. Our new ETFs offer investors access to opportunities that they could not otherwise access, via intelligently designed and forward looking index strategies that tap into structural changes rather than investing in themes or fads which may evaporate.
“HLTH, for example, offers investors access to a high conviction and targeted portfolio of global healthcare companies selected for their growth and value attributes. In Australia it will be unique, as all other ETFs in this segment are weighted by size and do not consider any fundamentals. HLTH offers the best of both active and passive management, that is ‘smart beta’,” said Neiron
“ESPO, as another example, is tapping into the dramatic rise of video gaming and eSports, a structural phenomenon which COVID-19 is accentuating and accelerating. In Australia it will also be unique, the only ETF to focus on investing in the largest pure-play video gaming and eSport companies globally, allowing investors to tap into the mega trend of technology but diversify away from the FAANGS,” said Neiron.
“We are focused on providing premier investment solutions and exceptional service to our investors. Our ASX-listed smart beta ETFs have attracted a range of investor types which is testament to the high quality, well researched and relevant strategies we offer,” Neiron said.
VanEck is one of the world’s largest issuers of ETFs (Exchange Traded Funds), managing in excess of $50 billion globally for individual and institutional investors. Founded in New York in 1955, VanEck is a pioneer in international investing and in gold funds, launching the first gold equities fund and the first gold ETF in the US.
In Australia, VanEck is the fastest growing ETF provider in the country and a leader in ‘smart beta’ investment strategies. We have 25 exchange traded funds on ASX that focus on delivering superior performance through beyond-the-usual approaches and providing access to asset classes typically unavailable to Australian investors.
General information only
This information is issued by VanEck Investments Limited ABN 22 146 596 116 AFSL 416755 (‘VanEck’) as responsible entity of the proposed VanEck Vectors ETFs. Units in the ETFs are not yet available for trading. This is general advice only about financial products and is not personal financial advice. It does not take into account any person’s individual objectives, financial situation or needs. Before making an investment decision in relation to a fund, you should read the PDS and with the assistance of a financial adviser consider if it is appropriate for your circumstances. The PDS will be available at vaneck.com.au or by calling 1300 68 38 37 after the end of the exposure period required for the fund on ASIC Offer Notice Board. The ETFs invest in international markets which have heightened risks compared to the typical risks associated with investing in the Australian market. These include, foreign currency, ASX trading time differences, emerging markets, country or sector concentration, political, regulatory and tax risks. The PDS details the key risks. No member of the VanEck group guarantees the repayment of capital, the payment of income, performance, or any particular rate of return from the Fund.