Record listing of eight new Nordic ETFs from XACT
(Thomson Reuters ONE) -
XACT launches eight new exchange-traded funds (ETFs), the largest single listing
to date of ETFs with Nordic focus.
The new ETFs are XACT Nordic 120, which tracks the NASDAQ OMX index consisting
of the 120 largest and most traded Nordic companies, and seven sector ETFs
tracking the largest listed Nordic companies within the sectors bank &
insurance, material, construction & real estate, energy, consumer goods, health
care and industrials.
"With our new listing, we will now be able to meet the increasing demand for
ETFs with exposure to Nordic companies," says Henrik Norén, Managing Director of
XACT Fonder, the world's largest provider of ETFs with a Nordic focus.
ETFs are one of the fastest growing investment forms in the world. XACT's new
ETFs offer unprecedented opportunities for investors with a focus on the Nordic
market.
The new sector-ETFs offer investors the possibility to create a portfolio
according to their own market view on key sectors in the Nordic economies.
XACT's ETFs track NASDAQ OMX's Nordic sector indices, with the largest Nordic
companies within the selected sectors.
"The new ETFs are aimed at all types of investors and are also attractive to
retail investors, who can now take positions in selected sectors and diversify
their exposure to risk," says Jenny Rosberg, Executive Vice President at Nasdaq
OMX.
The following eight new ETFs will be listed on the Nasdaq OMX Nordic on
September 29:
XACT Nordic 120 (the 120 largest and most traded Nordic companies)
XACT Bank (the largest Nordic banking and insurance companies)
XACT Materials (the largest Nordic companies, within the material sector)
XACT Construction & (the largest Nordic construction and real estate
Real Estate companies)
XACT Energy (the largest Nordic energy companies)
XACT Consumer Goods (the largest Nordic consumer goods companies)
XACT Health Care (the largest Nordic health care companies)
XACT Industrials (the largest Nordic within the industrial sector)
The ETFs are registered in Luxembourg.
For further information, please contact:
Henrik Norén, Managing Director XACT Fonder + 46 8 701 1222.
XACT is the largest issuer of ETFs on the Nordic market and currently manages
SEK 20 billion in 12 ETFs.
XACT Fonder was founded in 2000 by then OM Gruppen AB (now Nasdaq OMX), the same
year as the first exchange-traded fund (ETF) was launched in Europe. In 2004,
the company was acquired by Handelsbanken and has since then been a wholly owned
subsidiary of Handelsbanken. XACT was the first issuer in the world to offer
leveraged ETFs with XACT Bull and XACT Bear, launched in 2005. The daily
turnover in XACT ETFs averages around SEK 1 billion.
[HUG#1447216]
Press release PDF:
http://hugin.info/136145/R/1447216/389930.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: XACT Fonder AB via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 28.09.2010 - 09:01 Uhr
Sprache: Deutsch
News-ID 43127
Anzahl Zeichen: 0
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Record listing of eight new Nordic ETFs from XACT"
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