EQM Indexes has launched a thematic ETF targeting online retailers via the HANetf platform.
The Global Online Retail UCITS ETF (IBUY) will offer investors access to a global basket of developed and emerging market companies which derive 60% of more of their revenue from online retail and marketplace commerce. Former DWS ETF head Manooj Mistry joins HANetf It will track the EQM Global Online Retail Growth index, which is revenue-weighted with a maximum of 25% exposure to emerging markets. Available to investors for a total expense ratio of 0.69%, some key holdings at launch include Etsy, HelloFresh, Peloton and Delivery Hero. Jane Edmondson, co-founder and principal of ...
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