VanEck to delist Smart Home Active ETF after adviser Dasym quits

Fund size below expectations

Valeria Martinez
clock • 1 min read

VanEck is set to delist the Smart Home Active UCITS ETF from the London Stock Exchange due to its small size and the termination of its investment advisory agreement with Dasym.

In a stock exchange notice today (19 July), the US manager said Dasym's decision to terminate the agreement had triggered a review of the viability of the ETF.  The firm said the fund's assets under management had been at a level that was below the expectations since its launch in November 2021. According to its latest factsheet, the fund holds $2.9m in AUM. VanEck unveils US fallen angels ETF Having considered its viability in light of the "value for money" principles, the directors have determined the total redemption of all remaining shares in the fund is "in the best interest o...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Inflows into US ETFs dip in March ahead of Trump's 'Liberation Day'

Inflows into US ETFs dip in March ahead of Trump's 'Liberation Day'

Almost 250 US ETFs launched in Q1

Sorin Dojan
clock 04 April 2025 • 2 min read
WisdomTree launches European defence ETF amid heightened calls for higher military spending

WisdomTree launches European defence ETF amid heightened calls for higher military spending

‘A world first’

Sorin Dojan
clock 11 March 2025 • 1 min read
Event Voice: Your Questions Answered by HANetf

Event Voice: Your Questions Answered by HANetf

HANetf Head of Research, Tom Bailey, recently presented at the Investment Week Funds to Watch event on 27th-28th February. During his presentation, he explored the investment case for nuclear energy and highlighted how the Sprott Uranium Miners ETF provides...

Tom Bailey, Head of Research, HANetf
clock 06 March 2025 • 2 min read
Trustpilot
Loading page