Innovative ETFs For Modern Portfolios For professional clients - - PowerPoint PPT Presentation
Innovative ETFs For Modern Portfolios For professional clients only. Capital at risk. The content of this document does not constitute investment advice nor an offer for sale nor a solicitation to buy any product or make an investment. The
For professional clients only. Capital at risk. The content of this document does not constitute investment advice nor an offer for sale nor a solicitation to buy any product or make an investment. The content of this document is issued by HANetf limited, an appointed representative of Mirabella Advisers LLP, which is authorized and regulated by the Financial Conduct Authority.
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The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (“FCA”). This communication has been prepared for professional investors, but the ETCs and ETFs set out in this communication (“Products”) may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant Product is available in your jurisdiction and suitable for your investment profile. Past performance is not a reliable indicator of future performance. The price of the Products may vary and they do not offer a fixed income. This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. The content of this document does not constitute an investment advice nor an offer for sale nor a solicitation of an offer to buy any Product or make any investment. An investment in an exchange traded product is dependent
adverse price movements in an Index (for ETFs) or underlying asset class and currency, liquidity, operational, legal and regulatory risks. In addition, in relation to Bitcoin ETCs, these are highly volatile digital assets and performance is unpredictable. The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province
will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes. The Issuers
is the issuer of the ETFs. Investors should read the current version of the ETF Prospectus before investing and should refer to the section of the ETF Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETFs. Any decision to invest should be based on the information contained in the ETF Prospectus.
Documentation”) is the issuer of the precious metals ETCs. Investors should read the latest version of the Issue Documentation before investing and should refer to the section of the Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the Issue Documentation.
limited liability company incorporated under the laws of the Federal Republic of Germany, issuing under the terms in the Prospectus approved by the Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin") and the final terms (“Bitcoin Prospectus”) is the issuer of the Bitcoin ETCs. Investors should read the latest version of the Bitcoin Prospectus before investing and should refer to the section of the Bitcoin Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Bitcoin ETCs. Any decision to invest should be based on the information contained in the Bitcoin Prospectus. The Issue Documentation, ETF Prospectus and Bitcoin Prospectus can all be downloaded from www.hanetf.com. The decision and amount to invest in any Product should take into consideration your specific circumstances after seeking independent investment, tax and legal advice.
3 Innovative ETFs for Modern Portfolios
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EMQQ
8
ITEK
17
SKYY
27
WELL
35
KUW8
43
CBDX
49
RMAU
56
BTCE
62
MMLP
69
AMAL
76
White-Label ETF Platform
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Appendix
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HANetf was founded by two of Europe’s leading ETF pioneers/ With nearly 40 years combined ETF experience, Hector McNeil and Nik Bienkowski. Hector And Nik have been a pioneering force in the ETF industry for over 18 years, establishing and building successful companies including ETF Securities, Boost ETP and WisdomTree Europe In 2017, Hector and Nik started HANetf to provide a full ETF white-label operational, regulatory, distribution and marketing solution Our clients gain access to a senior team with over 150 years of combined ETF experience and a world class ecosystem of ETF service providers, working together to lower the barriers to entry, reduce costs and increase speed-to-market for asset managers Our Staff and Shareholders have deep roots in the ETF industry: Blake Grossman and team, Ex CEO of BGI Jim Wiandt, Founder of etf.com Roger Hodenius, Co-Founder of Flow Traders Apex Capital Partners (which Founded BetaShares) Point 72, Steve Cohen fund, managed by Peter Casella
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Source: Bloomberg. Data as of
5 $0 $100,000,000 $200,000,000 $300,000,000 $400,000,000 $500,000,000 $600,000,000 $700,000,000
02/10/2018 02/01/2019 02/04/2019 02/07/2019 02/10/2019 02/01/2020 02/04/2020 02/07/2020
24th September 202
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Name TER
LSE $ LSE £ Borsa € XETRA € SIX Emerging Markets Internet & Ecommerce UCITS ETF 0.86% EMQQ LN EMQP LN EMQQ IM EMQQ GY EMQQ SW HAN-GINS Tech Megatrend Equal Weight UCITS ETF 0.59% ITEK LN ITEP LN ITEK IM T3KE GY ITEK SW HAN-GINS Cloud Technology UCITS ETF 0.59% SKYY LN SKYP LN SKYY IM 5XYE GY SKYY SW HAN-GINS Indxx Medical Innovation UCITS ETF 0.59% WELL LN WELP LN WELL IM W311 GY WELL SW KMEFIC FTSE Kuwait UCITS ETF 0.80% KUW8 LN KUWP LN KUW8 IM KUW8 GY
0.80% CBDX LN CBDP LN
CBDX SW The Royal Mint Physical Gold ETC 0.22% RMAU LN RMAP LN RMAU IM RM8U GY
2.00%
0.40% MMLP LN PMLP LN MMLP IM JMLP DE
0.99% AMAL LN AMAP LN AMAL IM ASWE GY
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The biggest opportunity in the history of capitalism
EMQQ Emerging Markets Internet and Ecommerce UCITS ETF (EMQQ), is an exchange traded fund that tracks an index of leading internet and Ecommerce companies serving emerging markets. It seeks to provide exposure to the growth of online consumption in the developing world. To be included, companies must derive more than half their profits from Ecommerce or internet activities, including search engines, online retailers, social networks, online video, online gaming, e-payment systems and
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
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Why EMQQ?
Global trends: Aligned with major global demographic and technological trends that are expanding internet access and increasing affluence across the developing world Unconstrained: By focusing on the sources of a company’s revenue, EMQQ captures leading internet and Ecommerce companies that are often excluded from broad emerging market indices which select their constituents based on their country of listing Efficient: In a single trade, EMQQ provides exposure to a diverse basket of companies positioned to benefit from the potential growth of Ecommerce and online business in emerging and frontier markets Governance: EMQQ’s holdings are companies trading on major western exchanges with high listing standards and transparency. This means more stringent ethical and corporate governance standards and fewer State Owned Enterprises
The Risks
daily stock and currency market movements.
than developed markets.
amount originally invested.
returns. Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
Companies at the forefront of emerging market internet and ecommerce are experiencing massive revenue growth. CAGR 39.7%
$1 $14.9 .9 $21. 1.1 1 $3 $31.3 .3 $4 $43.6 .6 $63 63.9 9 $89. 9.9 9 $1 $120.6 .6 $16 162.8 8 $2 $221.6 .6 $2 $290.8 .8 $3 $378.9 .9
$0 $0 $5 $50 $100 00 $1 $150 $2 $200 $2 $250 $300 300 $3 $350 $400 00 200 009 201 010 201 011 201 012 201 013 201 014 201 015 201 016 201 017 201 018 201 019E
EMQQ Index Revenue & Growth Rate* 2009-2019 ($Billions)
Source: Big Tree Capital LLC Research. Data as of 31st May, 2019 +41.1% +48.5% +39.2% +46.6% +40.7% +34.2% +35% +36.1% +31.2% +30.3%E
11 TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
Past performance is no guarantee of future performance.
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Starting Universe
Listed equities - bubble sizes represent different market capitalizations
Thematic Screening
Companies must derive more than 50% of assets or revenues from Internet & Ecommerce activity in Emerging or Frontier markets
EMQQ
For illustrative purposes only. For full index methodology, visit solactive.com
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
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Additional Screening
Capitalisation and liquidity
and ADTV over $1m USD
Calculation
Calculated every 15 seconds Semi-annual rebalance in June and December EMQQ employs a full physical index replication process
EMQQ Apply Weighting
Constituent weights are capped at 8% at semi-annual rebalances
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
For illustrative purposes only. For full index methodology, visit solactive.com
31 August 2020
Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of
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Index Performance & Risk
Period Annualised Net Return Volatility 2014
25.3% 2015 6.2% 23.0% 2016
21.0% 2017 68.8% 15.0% 2018*
25.06% 2019 18.82% 32.09%
Past performance is no guarantee of future performance.
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
2020 (To 31/08/20) 53.59% 32.87%
2 4 6 8 10 12 14 16 NAV ($)
EMQQ Performance
* EMQQ fund inception was on 02.10.18
Asia South America Africa Europe
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Source: Bloomberg / HANetf. Data as of
Key Facts
Asset Class Equity Base Currency USD Inception Date 2nd October, 2018 Index EMQQ Emerging Markets Internet & ECommerce Index™ Income Treatment Accumulating TER 86 bps Rebalancing June & December Domicile Dublin, Ireland Replication Style Physical Number of Constituents
TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
Top 10 Constituents and Weights (%) Meituan Dianping 8.37% Alibaba Group Holding Ltd 8.18% Tencent Holdings Ltd 7.16% MercadoLibre Inc 6.08% Naspers Ltd 5.97% Pinduoduo Inc 5.40% NAVER Corp 4.93% JD.com Inc 4.81% Prosus NV 4.46% NetEase Inc 4.24%
31 August 2020
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TER | 86 bps Physical Replication Emerging Markets Internet & Ecommerce
Exchange Bloomberg Code RIC ISIN Valoren SEDOL Currency TER
London Stock Exchange EMQQ LN EMQQ.L IE00BFYN8Y92
USD 0.86% London Stock Exchange EMQP LN EMQP.L IE00BFYN8Y92
GBP 0.86% Borsa Italiana EMQQ IM EMQQ.MI IE00BFYN8Y92
EUR 0.86% Deutsche Boerse Xetra EMQQ GY EMQQ.DE DE000A2N5XA8
EUR 0.86% SIX Swiss Exchange EMQQ SW EMQQ.S IE00BFYN8Y92 43753877 BMYC3Q2 CHF 0.86%
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Investing in the 4th Industrial Revolution
HAN-GINS Innovative Technologies UCITS ETF (ITEK), is an exchange traded fund that tracks an index of leading companies that are driving innovation through the provision of disruptive technologies including: 1. Social Media 2. Cloud Technology 3. Genomics 4. Robotics and Automation 5. Digital Entertainment 6. Cybersecurity 7. Future Cars 8. Blockchain ITEK employs a double diversified approach, that allocates an equal weight to each innovative theme and then equal weights constituents within that theme. It seeks to provide exposure to companies poised to benefit from the fourth industrial revolution
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
19 Why ITEK?
Global Trends: ITEK constituents are not limited to one region
global basis. Transparent, Modern Approach: ITEK follows a transparent rules-based index to identify and capture companies that are leading technology innovation. Efficient: In a single trade, ITEK delivers exposure to over 80 companies with high exposure to the innovative technology theme. Double Diversification: ITEK avoids concentration in larger stocks by using a double diversification approach that allocates an equal weight to each innovative theme and then equal weights constituents within that theme.
The Risks
daily stock and currency market movements.
than developed markets.
amount originally invested.
returns. Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
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Unlike the past, there are now many exponential technologies, many of which are combining to create an accelerating, virtuous cycle of almost limitless disruption. While previous industrial revolutions were localized, todays are interconnected and global with their impact already visible in homes and businesses across the
4.0” includes companies leading innovation in:
CLOUD COMPUTING & BIG DATA FUTURE TRANSPORT BLOCK CHAIN ROBOTICS CYBER SECURITY GENOMICS SOCIAL MEDIA Digital Entertainment
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
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For illustrative purposes only. For full index methodology, visit solactive.com
Starting Universe
Equities from developed and emerging markets - bubble sizes represent different market capitalisations
Constituent Analysis
Constituents are categorised into 8 innovative technology industry buckets according to the Factset Revere Industry Classification System (RBICS)
ITEK Screening
Capitalisation and liquidity
$100m and ADTV over $1m
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
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ITEK Equal Weight Baskets
Buckets are then equally weighted, where criteria are met
Equal Weight Constituents
Constituents within each bucket are then equally weighted
Ranking
The highest ranked constituents are selected - a maximum of 15 for each bucket. If no eligible constituents are identified, the sector bucket will have a weight of 0%
Calculation
Solactive Innovative Technologies calculates Index every 15 seconds. Rebalance March and September
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
For illustrative purposes only. For full index methodology, visit solactive.com
Rank (based on Sharpe Ratio) 2015 2016 2017 2018 2019 2020 ytd 2015 – 2020 ytd 1 Health & Biotech 1 Robotics 1 Robotics 1 Cyber Security Fintech ITEK Robotics 2 1.02 2 Health & Biotech 2 Robotics 2 Robotics 2 Fintech Cloud & Digital 1 Health & Biotech 1 ITEK 0.97 3 Cars & Battery 2 Cars & Battery 1 ITEK Cloud & Digital 1 Cloud & Digital 2 Cloud & Digital 2 Cloud & Digital 1 0.87 4 Fintech Cloud & Digital 1 Health & Biotech 1 Health & Biotech 1 Robotics 2 Health & Biotech 2 Health & Biotech 1 0.86 5 ITEK Fintech Cars & Battery 1 Health & Biotech 2 ITEK Cyber Security Fintech 0.82 6 Cloud & Digital 1 ITEK Cloud & Digital 2 Cloud & Digital 2 Robotics 1 Robotics 2 Cloud & Digital 2 0.80 7 Cars & Battery 1 Cars & Battery 2 Cars & Battery 2 Robotics 2 Cyber Security Cars & Battery 1 Cyber Security 0.73 8 Cloud & Digital 2 Cloud & Digital 2 Fintech ITEK Cars & Battery 2 Cars & Battery 2 Cars & Battery 2 0.72 9 Robotics 2 Cyber Security Cloud & Digital 1 Robotics 1 Cars & Battery 1 Cloud & Digital 1 Robotics 1 0.72 10 Cyber Security Health & Biotech 1 Health & Biotech 2 Cars & Battery 2 Health & Biotech 1 Robotics 1 Cars & Battery 1 0.68 11 Robotics 1 Health & Biotech 2 Cyber Security Cars & Battery 1 Health & Biotech 2 Fintech Health & Biotech 2 0.57
23 TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
For illustrative purposes only. Based on Sharpe Ratio. Source, Bloomberg, HANetf data as of 6th August 2020
24 September 2020 Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of
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Index Performance & Risk
Period Annualised Net Return % Volatility % 2014 8.3% 14.5% 2015 10.9% 16.5% 2016 11.1% 17.2% 2017 41.1% 10.5% 2018*
19.04% 2019 31.72% 14.51%
Past performance is no guarantee of future performance.
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
2020 (To 31/08/2020) 30.15% 34.52% 2 4 6 8 10 12 14 NAV ($)
ITEK Performance
* ITEK fund inception was on 05.10.18
Source: Bloomberg / HANetf. Data as of 24 September 2020
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Key Facts Asset Class Equity Base Currency USD Inception Date 5th October, 2018 Index Solactive Innovative Technologies Index (Net Total Return) Income Treatment Accumulating TER 59 bps Rebalancing March & September Domicile Dublin, Ireland Replication Style Physical Number of Constituents
TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
Top 10 Constituents and Weights (%)
IMMUNOMEDICS INC 1.88% ZOOM VIDEO COMMUNICATIONS 1.39% EXACT SCIENCES CO 1.23% TWITTER INC 1.20% PINTEREST INC 1.19% MEDIATEK INC 1.15% SOGOU INC 1.13% SINA CORP 1.13% BAIDU INC 1.13% SEATTLE GENETICS 1.11%
North America Asia Europe MENA Blockchain Cloud Computing Cybersecurity Digital Entertainment Future Cars Genomics Robotics & Automation Social Media
104
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TER | 59 bps Physical Replication Investing in the Fourth Industrial Revolution
Exchange Bloomberg Code RIC ISIN Valoren SEDOL Currency TER
London Stock Exchange ITEK LN ITEK.L IE00BDDRF700
USD 0.59% London Stock Exchange ITEP LN ITEP.L IE00BDDRF700
GBP 0.59% Borsa Italiana ITEK IM ITEK.MI IE00BDDRF700
EUR 0.59% Deutsche Boerse Xetra T3KE GY T3KE.DE DE000A2N5XE0
EUR 0.59% SIX Swiss Exchange ITEK SW ITEK.S IE00BDDRF700 43915667 BMYC3Q2 CHF 0.59%
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Investing in Cloud Technology Leaders
HAN-GINS Cloud Technology UCITS ETF (SKYY), is a UCITS compliant Exchange Traded Fund domiciled in
active in the field of cloud computing, such as service providers or producers of equipment or software focused on cloud computing
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
29 Why SKYY?
Modern Approach SKYY follows a transparent, rules-based index that uses an artificial intelligence process to identify and capture companies involved in cloud technologies Global Exposure SKYY constituents are not limited to one region or country, providing exposure to cloud technology companies on a global basis Efficient In a single trade, SKYY provides exposure to a diverse basket of companies with high exposure to the cloud technology theme
The Risks
by daily stock and currency market movements.
volatility than developed markets.
amount originally invested.
effect on returns. Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
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Starting Universe
Equities from developed and emerging markets- bubble sizes represent different market capitalisations
Constituent Analysis
A natural language processing algorithm scans websites, search engines and company materials for keywords associated with cloud computing
SKYY Ranking
Companies are then ranked – the more keywords, the higher the rank
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
For illustrative purposes only. For full index methodology, visit solactive.com
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SKYY Top 50
50 eligible companies with the highest score and relevant business exposure chosen. Constituent weights capped at 4%
Investability Screening
Screening – minimum $100m USD market capitalisation and ADTV of $2 million
Calculation
Calculated every 15 seconds Semi-annual rebalance in March & September Full physical index replication process
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
For illustrative purposes only. For full index methodology, visit solactive.com
31 August 2020 Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of
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Index Performance & Risk
Period Annualized Net Return % Volatility % 2014 11.90% 14.80% 2015 6.60% 17.20% 2016 14.80% 18.20% 2017 31.80% 10.90% 2018*
24.23% 2019 38.59% 15.38%
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
2020 (To 31/08/20) 22.64% 39.88%
Past performance is no guarantee of future performance.
2 4 6 8 10 12 14 NAV ($)
SKYY Performance
* SKYY fund inception was on 05.10.18
North America Europe Asia
Top 10 Constituents and Weights (%) Salesforce.com Inc 5.01% Apple Inc 4.90% NVIDIA Corp 4.88% Alibaba Group Holding Ltd 4.48% Amazon.com Inc 4.34% Zoom Video Communications Inc 4.34% Twilio Inc 4.32% SAP SE 4.22% Adobe Inc 4.07% Splunk Inc 3.94% 33
Source: Bloomberg / HANetf. Data as of
Key Facts Asset Class Equity Base Currency USD Inception Date 5th October, 2018 Index Solactive Cloud Technology Index (Net Total Return) Income Treatment Accumulating TER 59 bps Rebalancing January & July Domicile Dublin, Ireland Replication Style Physical Number of Constituents
TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
31 August 2020
50
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Exchange Bloomberg Code RIC ISIN Valoren SEDOL Currency TER
London Stock Exchange SKYY LN SKYY.L IE00BDDRF924
USD 0.59% London Stock Exchange SKYP LN SKYP.L IE00BDDRF924
GBP 0.59% Borsa Italiana SKYY IM SKYY.MI IE00BDDRF924
EUR 0.59% Deutsche Boerse Xetra 5XYE GY 5XYE.DE DE000A2N5XC4
EUR 0.59% SIX Swiss Exchange SKYY SW SKYY.S IE00BDDRF924 44096882 BMYC3V7 CHF 0.59% TER | 59 bps Physical Replication Targeting Cloud Technology Leaders
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Investing in the Future of Healthcare
HAN-GINS Indxx Healthcare Innovation UCITS ETF (WELL), is an exchange traded fund domiciled in Ireland WELL tracks a rules-based index (Indxx Advanced Life Sciences & Smart Healthcare Thematic Index) of leading companies that are involved in healthcare innovation To be included, companies must derive revenues from innovative healthcare themes including: Robotics, Nanotechnology, Genome Sequencing, Healthcare Trackers, Biological Engineering, Bioinformatics, Neuroscience and Medical Devices
TER | 59 bps Physical Replication Investing in the Future of Healthcare
37 Why WELL?
Transparent, Modern Approach: WELL follows a transparent rules-based, free-float weighed index ensuring only investible companies are included within the ETF Diversified: In a single trade, WELL provides access to a basket
exposure to the healthcare innovation theme. Distinctive: Going far beyond traditional Big Pharma, WELL captures securities often excluded from traditional Healthcare sector funds Global: WELL captures companies driving healthcare technology innovation from developed and emerging markets and across size bands Megatrends: Fourth Industrial Revolution and Aging Populations
The Risks
by daily stock and currency market movements.
volatility than developed markets.
amount originally invested.
effect on returns. Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
TER | 59 bps Physical Replication Investing in the Future of Healthcare
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For illustrative purposes only. For full index methodology, visit indxx.com
Starting Universe
Stocks, ADRs and GDRs from developed and emerging markets - bubble sizes represent different market capitalisations
Constituent Analysis
Companies revenues are analysed against 8 Healthcare Technology Categories
WELL Investibility Screening
Capitalisation and liquidity
$500m. ADTV over $1m. Minimum 10% free float
TER | 59 bps Physical Replication Investing in the Future of Healthcare
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WELL Capping
Constituents are capped at 4.5% at the annual rebalance in June
Constituent Selection
Companies that derive more than 50% of revenues from Innovative Healthcare activities are selected
Calculation
Indxx Advanced Life Sciences and Smart Healthcare Index every 15
September
TER | 59 bps Physical Replication Investing in the Future of Healthcare
For illustrative purposes only. For full index methodology, visit indxx.com
31 August 2020 Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of
40
Index Performance & Risk
Period Annualised Net Return % Volatility % 2015 12.7% 17.5% 2016 0.1% 17.6% 2017 34.3% 9.9% 2018 6.62% 19.20% 2019* 25.40% 13.73%
Past performance is no guarantee of future performance.
TER | 59 bps Physical Replication Investing in the Future of Healthcare
2020 (To 31/08/2020) 16.59% 33.34% * WELL fund inception was on 04.04.19 2 4 6 8 10 12 04/04/2019 04/07/2019 04/10/2019 04/01/2020 04/04/2020 04/07/2020 NAV ($)
WELL Performance
Medical Devices Neuroscience Robotics Genome sequencing Biological engineering Healthcare Trackers Bioinformatics Nanotechnology
Top 10 Constituents and Weights (%) Intuitive Surgical Inc 5.18% Edwards Lifesciences Corp 5.06% Medtronic PLC 4.80% Boston Scientific Corp 4.72% Biogen Inc 4.47% DexCom Inc 4.28% Regeneron Pharmaceuticals Inc 4.11% Illumina Inc 4.06% Agilent Technologies Inc 3.40% Zimmer Biomet Holdings Inc 3.20%
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Source: Bloomberg / HANetf. Data as of
Key Facts Asset Class Equity Base Currency USD Inception Date 3rd April, 2019 Index Indxx Advanced Life Sciences & Smart Healthcare Thematic Index (Net Total Return Income Treatment Accumulating TER 59 bps Rebalancing July Domicile Dublin, Ireland Replication Style Physical Number of Constituents
TER | 59 bps Physical Replication Investing in the Future of Healthcare
31 August 2020
United States Japan Switzerland United Kingdom China Other
107
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TER | 59 bps Physical Replication Investing in the Future of Healthcare
Exchange Bloomberg Code RIC ISIN Valoren SEDOL Currency TER
London Stock Exchange WELL LN HAWELL.L IE00BJQTJ848
USD 0.59% London Stock Exchange WELP LN WELP.L IE00BJQTJ848
GBP 0.59% Borsa Italiana WELL IM WELL.MI IE00BJQTJ848
EUR 0.59% Deutsche Boerse Xetra W311 GY W311.DE DE00A2PE7K4
EUR 0.59% SIX Swiss Exchange WELL SW WELL.S IE00BJQTJ848 47284465 BMYC3R3 CHF 0.59%
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Targeted Exposure to Kuwaiti Equities
KMEFIC FTSE Kuwait Equity UCITS ETF (KUW8), is a UCITS compliant Exchange Traded Fund domiciled in
that meet requirements for liquidity, free float and foreign ownership restrictions. The Fund seeks to provide exposure to an emerging market country with significant growth potential.
TER | 80 bps Physical Replication Targeted Exposure to Kuwaiti Equities
45 Why KUW8?
Access: Exposure to Kuwaiti securities which have previously been challenging for foreign investors to access Efficient: In a single trade, KUW8 provides exposure to a diverse basket of Kuwaiti securities across market capitalization bands and industry sectors Rules Based: KUW8 tracks a transparent, rules-based benchmark calculated in real-time by FTSE Russell Diversification: KUW8 caps constituents at 15% at rebalance to avoid concentration in the largest securities Targeted: KUW8 is the only UCITS ETF to deliver targeted Kuwait exposure
The Risks
by daily stock and currency market movements.
volatility than developed markets.
amount originally invested.
effect on returns. Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
TER | 80 bps Physical Replication Targeted Exposure to Kuwaiti Equities
Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of 31 August 2020
46
Index Performance & Risk
Period Annualised Net Return % Volatility % 2014
16.6% 2015
12.1% 2016 17.70% 14.7% 2017 28.10% 14.8% 2018 16.80% 9.94% 2019* 28.13% 11.45%
Past performance is no guarantee of future performance.
TER | 80 bps Physical Replication Targeted Exposure to Kuwaiti Equities
2020 (To 31/08/2020)
35.55% * KUW8 fund inception was on 15.04.19
1 2 3 4 5 6 7 8 9 10 15/04/2019 15/07/2019 15/10/2019 15/01/2020 15/04/2020 15/07/2020
NAV ($)
KUW8 Performance
Source: FTSE Russell. Data as of
Banks Telecommuniations Industrial Goods & Services Financial Services Real Estate Retail
31 August 2020
Top 10 Constituents and Weights (%) Ahli United Bank BSC 15.32% National Bank of Kuwait SAKP 15.25% Mobile Telecommunications Co K 14.81% Kuwait Finance House KSCP 14.48% Agility Public Warehousing Co 8.41% Boubyan Bank KSCP 6.70% Gulf Bank KSCP 4.77% Mabanee Co SAK 4.33% Humansoft Holding Co KSC 3.17% Boubyan Petrochemicals Co KSCP 2.60%
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Key Facts Asset Class Equity Base Currency USD Inception Date 3rd April, 2019 Index FTSE Kuwait All-Cap 15% Capped Index Income Treatment Accumulating TER 80 bps Rebalancing Quarterly Domicile Dublin, Ireland Replication Style Physical Number of Constituents
TER | 80 bps Physical Replication Targeted Exposure to Kuwaiti Equities
17
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TER | 80 bps Physical Replication Targeted Exposure to Kuwaiti Equities
Exchange Bloomberg Code RIC ISIN SEDOL Currency
London Stock Exchange KUW8 LN KUW8.L IE00BGPBVS44 BGY9KV5 USD London Stock Exchange KUWP LN KUWP.L IE00BGPBVS44 BGSXQZ9 GBP Borsa Italiana KUW8 IM KUW8.MI IE00BGPBVS44 BGSGKH8 EUR Deutsche Boerse Xetra KUW8 GY KUW8G.DE DE000A2PD3R9 BJ9ZLG1 EUR
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The first cannabis fund in Europe
The Medical Cannabis and Wellness UCITS ETF (CBDX) is an UCITS compliant ETF domiciled in Ireland The fund tracks the Medical Cannabis and Wellness Equity Index from Solactive, offering targeted exposure to companies involved in the legal medical cannabis, hemp and CBD industries Individual constituents are capped at 15% TER | 80 bps Physical Replication Medical Cannabis and Wellness
Source: https://en.wikipedia.org/wiki/Legality_of_cannabis, www.fool.com/investing/2019/07/26/another-big-tobacco-company-invests-in-pot-and-its.aspx
51 A Budding Industry in The Health Care Sector
Supported by changing regulatory and social attitudes: North American markets view cannabis as a long-term, emerging market that will flourish; we believe the global cannabis market will follow the same path The legal cannabis industry is transforming. Over 40 countries have already legalised cannabis for medical use – and more are on the horizon Emerging ecosystem of businesses involved in medical cannabis production and associated services and products The industry has been further validated by the entrance of traditional tobacco (Altria), beverage (Constellation) and Big Pharma (Novartis) companies which have been acquiring stakes in cannabis-focused businesses Medical marijuana is used to treat conditions that affect tens of millions of people worldwide, including chronic pain, cancer, arthritis, epilepsy and mental health With more clinical trials and scientific studies, the demand for medical cannabis is forecast to grow CBDX offers rigorously screened, liquid and diversified exposure to the nascent legal medical cannabis industry
TER | 80 bps Physical Replication Medical Cannabis and Wellness
The Risks
higher degree of regulatory oversight and regulatory action, which may include a restriction on the types of companies that the Sub-Fund may invest in at any time.
with the rules and policies of the exchange, the Investment Manager will use reasonable endeavours to remove the company from the Sub- Fund's portfolio.
daily stock and currency market movements.
amount originally invested
returns Please note this is not an exhaustive list of risks. Other risks may apply. Please consult the KIID and Prospectus for more details
Source: https://en.wikipedia.org/wiki/Legality_of_cannabis, www.fool.com/investing/2019/07/26/another-big-tobacco-company-invests-in-pot-and-its.aspx
Screening Process
Step 1 Universe: Publicly traded on a stock exchange Step 2 Exchanges: Must be listed on an approved exchange: NASDAQ, NYSE, TSX or TSX-V Step 3 Tradability: >$30M market cap, >$200k minimum liquidity Step 4 Revenue trace: Excludes recreational cannabis securities
CBDX
Weighting
Constituent weights are capped at 15% at rebalances to avoid excessive concentration in the largest companies
Calculation
Calculated every 15 seconds Quarterly rebalance Full physical index replication
CBDX
TER | 80 bps Physical Replication Medical Cannabis and Wellness
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For illustrative purposes only. For full index methodology, visit solactive.com
31 August 2020 Performance before inception is based on back tested index data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance
index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source:
TER | 80 bps Physical Replication Medical Cannabis and Wellness
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Index Performance & Risk
Period Annualized Net Return % Volatility % 2019
29.39%
Past performance is no guarantee of future performance.
2020* (To 31/08/2820) 13.32% 52.00% 0.2 0.4 0.6 0.8 1 1.2 1.4
CBDX Performance
Index CBDX Fund * CBDX fund inception was on 09.01.20
US GB
Top 10 Constituents and Weights (%)
GrowGeneration Corp 16.66% Innovative Industrial Properti 13.37% Corbus Pharmaceuticals Holding 10.95% Scotts Miracle-Gro Co/The 10.64% Cara Therapeutics Inc 8.59% Amyris Inc 7.74% GW Pharmaceuticals PLC 7.45% NewAge Inc 7.08% Charlottes Web Holdings Inc 5.53% 22nd Century Group Inc 3.57%
Source: Solactive. Data as of
TER | 80 bps Physical Replication Medical Cannabis and Wellness
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Key Facts Asset Class Equity Base Currency USD Inception Date 9th January, 2020 Index Medical Cannabis and Wellness Equity Index Income Treatment Accumulating TER 80 bps Rebalancing Quarterly Domicile Ireland Replication Style Physical Number of Constituents 31 August 2020 13
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TER | 80 bps Physical Replication Medical Cannabis and Wellness
Exchange Bloomberg Code RIC ISIN Valoren SEDOL Currency TER
London Stock Exchange CBDX LN CBDXL.L IE00BG5J1M21
USD 0.80% London Stock Exchange CBDX LN CBDP.L IE00BG5J1M21
GBP 0.80% Deutsche Boerse Xetra CBSX GY CBSX.DE DE000A2PPQ08
EUR 0.80% SIX Swiss Exchange CBDX SW CBDX.S IE00BG5J1M21 51899559 BMYC3S4 CHF 0.80%
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The only Sovereign Mint backed gold ETC in Europe
The Royal Mint is the first Sovereign Mint in Europe to launch a gold backed ETC - The Royal Mint Physical Gold ETC (RMAU) RMAU is one of the lowest cost gold products in the world, providing peace of mind that the gold is vaulted outside the banking system, protected to the highest standards of security, fully allocated, and redeemable either in physical gold bars, smaller denomination coins (offered exclusively by the Royal Mint) or cash. The physical LBMA gold bars are custodied at The Royal Mint’s highly secure vault in Wales -the same site that is trusted by royalty and government to accommodate the production of Royal Mint Bullion, the coins of the United Kingdom and coins for over 60 countries worldwide. TER | 22 bps Physical Allocated Gold The Royal Mint Physical Gold ETC
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Fully Allocated & Segregated – The ETC only holds fully allocated LBMA ‘Good Delivery’ gold. A list of allocated 400 ounce London Bullion Market Association ‘Good Delivery’ bars is published on hanetf.com. Flexible Access & Redemption– Each certificate entitles the ETC holder to 1/100th of a fine troy ounce, versus most other ETCs which are 1/10th of an oz. Some investors prefer lower denominations, i.e. $15 per ETC vs $150, based on the current market price of gold. Investors can redeem their units for physical gold bullion (bars as well as smaller denomination coins) or cash – a feature only provided by RMAU. Trustworthy Storage & Trustworthy Storage– The gold bars are held in custody by The Royal Mint, a state-owned company wholly owned by Her Majesty's Treasury and located in Wales. Other ETCs custody at bank vaults in London which are arguably more exposed to systemic risk and based in a location more exposed to an act of terrorism and or an act of war. Cost Efficiency - There is no cost to store physical gold in The Vault™ and no cost for physical delivery within the UK. ETC is competitively priced at 22bps. Potential Tax Advantage – The certificates may offer a potential tax advantage for certain investors in Germany and the United Kingdom by allowing for physical redemption. Provenance & Governance – The gold bars backing RMAU are responsibly sourced from the LBMA’s Responsible Gold Sourcing Programme on a best endeavor basis. Investors are assured that the gold is extracted in a manner that does not cause, support or benefit unlawful armed conflict or contribute to serious human rights abuses or breaches of humanitarian law. TER | 22 bps Physical Allocated Gold The Royal Mint Physical Gold ETC Please note, tax treatment depends on individual circumstances and tax laws are subject to change.
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TER | 22 bps Physical Allocated Gold The Royal Mint Physical Gold ETC
making a decision.
the ETC securities Please note this is not an exhaustive list and other risks may apply. Please consult the KIID and Prospectus for more details
31 August 2020 Source: World Gold Council. Capital at Risk. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Data as of
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Gold Price Performance (XAU)
Period Annualised Net Return % 2015
2016 8.56% 2017 13.28% 2018
2019 18.82%
Past performance is no guarantee of future performance.
TER | 22 bps Physical Allocated Gold The Royal Mint Physical Gold ETC
2020 (To 31/08/2020) 29.07% 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 01/03/2014 01/03/2015 01/03/2016 01/03/2017 01/03/2018 01/03/2019 01/03/2020
RMAU Performance
Daily Compounding Daily Compounding (Post RMAU Inception)
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TER | 22 bps Physical Allocated Gold The Royal Mint Physical Gold ETC
Exchange Bloomberg Code RIC ISIN SEDOL Currency TER
London Stock Exchange RMAU LN RMAU.L XS2115336336 BKT7175 USD 0.22% London Stock Exchange RMAP LN RMAP.L XS2115336336 BKT7197 GBP 0.22% Deutsche Boerse Xetra RM8U GY RM8U.DE XS2115336336 BKT71G4 EUR 0.22% Borsa Italiana RMAU IM RMAU.MI XS2115336336 BKT71B9 EUR 0.22%
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The world’s first centrally cleared Bitcoin ETC*
BTCE is an exchange traded cryptocurrency (ETC), regulated under MiFID and listed on XETRA BTCE keeps Bitcoin backing the product at the reputable, safe, regulated and insured depositary called BitGo Trust Inc. It is virtually impossible to store Bitcoin in any safer way than how we do it through BitGo. Deposits are insured by Lloyds of London against hacking and white-collar crime up to the value of $100 million. BitGo is a regulated trust and all Bitcoin is stored air-gapped in cold storage in their vaults. TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
*Source: HANetf Capital Markets
Issued by:
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Accessibility: BTCE can be purchased on Deutsche Börse (XETRA), one of the largest stock exchanges in Europe in terms of both market capitalization and monthly trading volume. Virtually every broker in the world should have the ability to buy products traded on XETRA for its clients. Trading is constantly monitored by sophisticated software to detect and prevent market abuse. Security: BTCE keeps Bitcoin backing the product at the reputable, safe, regulated and insured depositary called BitGo Trust Inc. It is virtually impossible to store Bitcoin in any safer way than how we do it through BitGo. Deposits are insured by Lloyds of London against hacking and white-collar crime up to the value of $100 million. BitGo is a regulated trust and all Bitcoin is stored air-gapped in cold storage in their vaults. Liquidity: As it is exchange listed and supported by an ecosystem of market makers and there is guaranteed two-way pricing available throughout the trading day. Multiple professional market-makers translate fragmented Bitcoin liquidity into concentrated on-Exchange BTCE liquidity, creating tighter trading spreads. Through direct connection to the underlying asset via the create /redeem mechanism, BTCE can provide liquidity for both very large and very small trades, levelling the playing field between investors. Legal Restrictions: BTCE is a security. If you can buy and hold securities, you can buy and hold BTCE. Money Laundering Concerns: Only highest quality Bitcoin makes it into BTCE custody - it is a fully fungible product but investors wishing to create units of BTCE in exchange for Bitcoin (instead of purchasing it on regulated exchange) have either to be a regulated Authorised Participant (“AP”) themselves or have such AP represent them as an agent. APs are licensed and regulated financial intermediaries, and as such are under very strict anti- money-laundering obligations. This means that investors buying BTCE securities can be sure that any Bitcoin they are getting exposure to (and which they can receive should they want to do so due to fungibility of the product) is clean. Settlement & Post Trade Risk: BTCE is a security, which is eligible for central counterparty clearing by Eurex Clearing. You can settle trades in BTCE using the Delivery-versus-Payment mechanism of Clearstream system, which effectively eliminates any counterparty risk. Investors can also use well-established business-processes for securities lending or using BTCE as collateral in order to facilitate, streamline and considerably de-risk any lending operations involving Bitcoin.
TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
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making a decision.
Please note this is not an exhaustive list and other risks may apply. Please consult the KIID and Prospectus for more details
TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
31 August 2020 Source: Bloomberg. Capital at Risk. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this
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Bitcoin Performance
Period Annualised Net Return % 2015 36% 2016 121% 2017 1403% 2018
2019 90%
TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
Past performance is no guarantee of future performance.
2020 (To 31/08/2020) 62.40% 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 01/01/2016 01/01/2017 01/01/2018 01/01/2019 01/01/2020
Bitcoin Historical Price ($)
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Key Facts Primary Ticker BTCE ISIN DE000A27Z304 Asset backed 100% backed by Bitcoin Custody BitCo Trust Redemption Investors can redeem for cash or Bitcoin Sourcing of Bitcoin This ETC allocates verified Bitcoin entering the structure through Authorised Participants (regulated entities within the EU and EEA) Total Expense Ratio (TER) 2% per annum Listing Deutsche Borse XETRA TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
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Exchange Bloomberg Code RIC ISIN SEDOL Currency TER
XETRA BTCE GY BTCE DE DE000A27Z304 BMWSLR9 EUR 2.00%
TER | 200 bps Physically Allocated Bitcoin BTCetc Bitcoin Exchange Traded Crypto
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The first UCITS ETF to provide exposure to the energy infrastructure sector via an Alerian index
The Alerian Midstream Energy Dividend UCITS ETF is an UCITS compliant ETF domiciled in Ireland The fund tracks the Alerian Midstream Energy Dividend IndexTM (Total Return) Offering diversified exposure to companies involved in processing, transportation and storage of oil, natural gas and natural gas liquids in the US market and includes MLPs and C-corps It is the first UCITS ETF to provide exposure to the energy infrastructure sector via an Alerian index MMLP is listed on London Stock Exchange, Borsa Italiana and XETRA TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
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index.
companies
cash flows to investors because they do not pay federal income tax
TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
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Please note this is not an exhaustive list and other risks may apply. Please consult the KIID and Prospectus for more details TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
31 August 2020 Performance before inception is based on back tested index data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance
index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus
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Index Performance & Risk
Period Annualized Net Return % Volatility % 2015
29.23% 2016 35.54% 34.09% 2017
15.05% 2018
19.94% 2019 22.35% 14.10%
Past performance is no guarantee of future performance
2020 (To 31/08/2020
63.96%
20 40 60 80 100 120
Alerian Midstream Energy Dividend Weighted Index
TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
US CA
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Source: Alerian. Data as of
Key Facts
Asset Class Equity Base Currency USD Inception Date TBC Index Alerian Midstream Energy Dividend Index Income Treatment Distributing TER 40 bps Rebalancing Frequency Quarterly rebalance with annual reconstitution Domicile Dublin, Ireland Replication Style Physical with swap overlay Number of Constituents
31 Top 10 Constituents and Weights (%) Enbridge Inc 10.37% MPLX LP 10.01% Enterprise Products Partners LP 9.75% Energy Transfer LP 9.55% TC Energy Corp 8.41% Kinder Morgan Inc 7.80% Williams Cos Inc/The 7.35% ONEOK Inc 5.73% Pembina Pipeline Corp 3.63% Cheniere Energy Partners LP 3.17% 31 August 2020
TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
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Exchange Bloomberg Code RIC ISIN SEDOL Currency TER
London Stock Exchange MMLP LN MMLP.L IE00BKPTXQ89 BMVFZ02 USD 0.40% London Stock Exchange PMLP LN PMLP.L IE00BKPTXQ89 BL96TT7 GBP 0.40% Borsa Italiana MMLP IM MMLP.MI IE00BKPTXQ89 BMHVZQ0 EUR 0.40% Deutsche Boerse Xetra JMLP GY JMLP.DE IE00BKPTXQ89 BMHVZP9 EUR 0.40%
TER | 40 bps Alerian Midstream Energy Dividend UCITS ETF MMLP
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Almalia Sanlam Active Shariah Global Equity UCITS ETF (AMAL) is the world’s first active global equity Shariah- compliant ETF* Almalia Sanlam Active Shariah Global Equity UCITS ETF is a UCITS compliant ETF domiciled in Ireland The fund focuses on 20-35 companies with high returns on capital, low leverage, enduring businesses with a sustainable competitive advantage that produce significant free cash flow after capital expenditure. Investment Objective: To achieve capital growth over the medium to long term, whilst complying with the principles of Shariah Investment. AMAL will list on the London Stock Exchange, Borsa Italiana and Deutsche Boerse.
*Source: ETFGI as of 03.09.2020
TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
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ETF
advantage that produce significant free cash flow after capital expenditure.
by investing in businesses with high returns on capital, stable margins, low capital requirements, minimal debt, strong cash generation, dividend growth, or the capacity to sustainably return cash to shareholders
ascertain the on-going compliance of the ETF’s operations with the Principles of Shariah Investment. This panel consists of Shariah scholars with expertise in Islamic investment.
managed by Sanlam Investment UK Limited, an award winning Investment manager. TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
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Please note this is not an exhaustive list, other risks may apply. TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
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Source: HANetf/Sanlam. Data as of 25/09/20
Key Facts
Asset Class Equities Base Currency USD Inception Date 30/09/20 Income Treatment Accumulating TER 99 bps Domicile Ireland Replication Style Physical Number of Constituents 23
Indicative Holdings Name Sector Medtronic Health Care Roche Health Care Samsung Information Technology Philips Health Care Sage Information Technology Alibaba Consumer Discretionary Novartis Health Care Johnson and Johnson Health Care Kao Consumer Staples
Asia-Developed Asia-Emerging Canada Europe-Emerging Europe ex-EUR Eurozone Japan Latin America UK US Other
TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
Past performance is no guarantee of future performance Cumulative performance to 30th June 2020
1 Year 3 Year 5 Year 7 Year 10 Year Since Inception
Sanlam Global High Quality Strategy* 1.8% 17.3% 53.3% 80.2% 182.6% 151.1% MSCI World Net Total Return 2.8% 21.5% 39.6% 75.6% 158.3% 87.5% Sector average 1.8% 17.2% 28.4% 56.7% 113.5% 52.8%
TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
* The performance data above represents the Sanlam Global High Quality Strategy –not the performance of the Almalia Sanlam Active Shariah Global Equity UCITS ETF. Sources: SPW UK, Bloomberg, USD returns since strategy inception on 30 April 2008 to 30th June 2020
Note from Sanlam regarding the data above: Where this strategy is acquired through a portfolio management service, additional charges may be applied by the portfolio manager. The comparison index is the MSCI World Index with net dividends reinvested. Basis: GBP C share class (Base currency and class) shown in USD. NAV based, total return (net of fees). The High Quality Strategy was launched on 28.02.2014 and therefore no earlier UCITS Fund performance numbers are available Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have
investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Period: 30.04.2008 to 30.06.20 represents a composite of the manager’s global equity track record. Past performance is no guarantee of future performance. Performance from 30.04.2008 to 31.08.2012 is that of the ACPI segregated global equity mandate after all fees including transactions fees. From 31.08.2012 to 30.09.2012 is that of the MSCI World Index while the manager transitioned to the Sanlam group and from 30.09.2012 to 28.02.2014 is that of the Sanlam Private Wealth Global Equity Diversified Portfolio (net of all costs including transaction fees). ACPI Investment Managers is an independently owned investment management partnership Past performance should not be taken as an indicator of future performance. Since investors may be liable to external fees, charges and taxes, the illustrated returns are not meant to provide a measure of actual return to
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TER | 99 bps Almalia Sanlam Active Shariah Global Equity UCITS ETF AMAL
Exchange Bloomberg Code RIC ISIN SEDOL Currency TER
London Stock Exchange AMAL LN HAAMAL.L IE00BMYMHS24 BMDNKB0 USD 0.99% London Stock Exchange AMAP LN AMAP.L IE00BMYMHS24 BMDNKC1 GBP 0.99% Deutsche Boerse Xetra ASWE GY ASWE.DE IE00BMYMHS24 BMWTXV0 EUR 0.99% Borsa Italiana AMAL IM AMAL.MI IE00BMYMHS24 BMWTXS7 EUR 0.99%
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Our company has been built, in part, by doing what others may have considered impossible, or may never have imagined at all – a simple and transformative idea – to remove the barriers asset managers face when launching an ETF Our cost-efficient and scalable model includes fund set up and launch, product management, pan-European distribution and a sophisticated digitally-driven marketing platform to simplify the development and launch of European ETFs We enable clients to increase speed to market and achieve rapid scale while reducing costs and risks - no matter what the asset class, strategy or jurisdiction
August: Founded by Hector McNeil and Nik Bienkowski November: Seed funding round
P72 Ventures (founded by Steve Cohen) and Elkstone Partners
2017
New hires bring HANetf’s senior team to over 150 years’ of combined ETF experience Service providers appointed APs and Market Makers to support liquidity of on-platform funds October: HANetf makes history with the first European white-labelled ETF launches: EMQQ, SKYY and ITEK
2018
February: HANetf successfully completes funding round. Investors included Jim Wiandt (Founder of ETF.com), Blake Grossman (ex CEO of iShares), Roger Hodenius (co-Founder of FlowTraders) April: First ‘create’ in a HANetf – EMQQ May: KUW8 and WELL launch
2019
January: Launch of CBDX – Europe’s first Cannabis themed ETF February: Launch of RMAU – Europe’s first Sovereign Mint backed gold ETC, with The Royal Mint June: HANetf list 5 products on SIX-Swiss Stock Exchange; and launch of BTCE July: Launch of MMLP- with Alerian September: Launch of AMAL, the first actively managed fund on the HANetf platform
2020
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Co-founder & co-CEO
Hector McNeil is a veteran of the ETF industry, being instrumental in establishing Susquehanna’s ETF desk in Europe as head of business development. Hector then joined ETF Securities as Joint Managing Partner, before going on to found BoostETP with Nik Bienkowski in 2011. BoostETP was purchased by US ETF provider WisdomTree in 2014 and following the completion of this buyout in 2016 Hector stepped down as Co-CEO of WisdomTree Europe. He has since set up Europe’s first independent ‘white label’ ETF platform, HANetf, with business partner Nik Bienkowski, which will provide asset managers with a turnkey solution to enter the European ETF market. Hector, a Fellow of the Securities Institute, holds a BA in Economics and received an MBA from Warwick Business School.
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Co-founder & co-CEO
Nik is a veteran of the ETF industry, joining Gold Bullion Securities, a provider of the world’s first gold ETF, as Head of Institutional Investment in 2002 In 2005, Nik helped found ETF Securities. In 2011, Nik founded Boost ETP with Hector which, in 2014, became WisdomTree Europe with Nik as co-CEO Following the buyout of BoostETP by WisdomTree Europe in 2016, Nik stepped down as co-CEO to establish HANetf, with business partner Hector McNeil Nik and Hector are the only team in the world to have successfully built four ETF businesses from scratch Nik has a double Honours degree in Finance and Arts (Psychology), and holds the CFA
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Large growth potential. Europe is the world’s second largest ETF market, but ETFs make up under 10% of UCITS fund assets Retail penetration ~15-20% with future growth a huge opportunity, driven by regulation, increased education, changing investor preferences and new access channels such as ROBO advisors and disruptor banks Regulatory tailwinds such as RDR, MiFID 2 and EMIR are focused on improved transparency, liquidity, fees and commissions, benefiting ETFs. Migration of liquidity to European is expected as on-screen volumes increase Distribution tailwinds such as more banks launching D2C ETF platforms, increased availability of ETFs on brokerage platforms, fractional trading and the rise of ROBO advisors are spurring ETF adoption
ETF Issuer: HANetf ICAV Precious Metals ETC Issuer: HANetf ETC Securities plc Manager: HANetf Management Limited Investment Management: Vident Investment Advisory, Penserra Capital Depositary, Administration: BNY Mellon Legal: A&L Goodbody Audit: EY APs & Market Makers: See Appendix
89 Expertise Legal Risk Product Management Fund Set-up & Operations Distribution & Marketing Capital Markets Product Dev Seeding Depositary Transfer Agency Compliance Monitoring Fund Accounting
IP Branding Market Leading Research & Track Record
SERVICE PROVIDERS ETF SPONSORS HANetf
Investment Mgmt
“We are excited to be launching EMQQ in Europe with HANetf. Their experience, knowledge of the market and entrepreneurial spirit make them the ideal partner for us or anyone else looking to enter the European ETF market.” Kevin Carter, CEO Big Tree Capital & Chairman, EMQQ Index
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Big Tree Capital is a privately held investment firm focused on emerging and frontier markets. They are the designer of the EMQQ Emerging Markets Internet & Ecommerce Index. In 2014, Big Tree Capital launched a US-listed ETF tracking the index, which achieved more than $470 million at peak AUM. Seeing the success of their strategy and the growth of the European ETF market, Big Tree saw an opportunity to enter Europe.
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Founded in 2000, GinsGlobal Index Funds is a global asset management company specializing in ‘traditional’ products such as mutual funds, structured products and capital guaranteed funds. GinsGlobal also designed index-based products for insurers, banks and asset managers. “We’re delighted to be partnering with the HANetf team on our first European ETF offerings. We believe HANetf’s Irish platform is an attractive proposition for many global investors as they have made our transition from mutual funds to ETFs as smooth as possible.” Founder and Managing Partner, GinsGlobal Index Funds
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The Royal Mint has an unbroken history of minting British coinage dating back over 1,100 years. Based in the Tower of London for over 500 years, by 1812 The Royal Mint had moved out to premises on London’s Tower
South Wales, UK, to accommodate the minting of UK decimal coinage. Today, The Royal Mint is the world’s largest export mint, supplying coins to the UK and overseas countries.
“This is a milestone moment for The Royal Mint as we prepare to launch
in the modern age. “This gold backed ETC marks an exciting new chapter for The Royal Mint, and for the historic business of gold trading. Anne Jessopp, CEO of The Royal Mint
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94 Multi-media education and insights
A frequent commentator and opinion-shaper on modern investment trends and ETFs, HANetf provides proprietary, multi-media content including white papers, blogs, videos and newsletters. Additionally, we host regular events, roadshows and webinars covering topical investment ideas. View our insights at www.hanetf.com/news-and-insights Scan the QR code to view and subscribe to our content
95 Liquidity and traded volumes are not the same
The ‘true’ liquidity of an ETF is liquidity drawn from the underlying market/asset being tracked, not trading volumes. Given most of the underlying assets tracked by ETFs are highly liquid, most ETFs can draw tens to hundreds of USD millions without having a negative impact on the underlying assets
investment in it (AUM) or it doesn’t have significant daily trading volumes. Many of the new ETFs, such as smart beta, thematic and active ETFs, are ‘buy and hold’ or ‘investment type’ products where traded volume becomes much less of a focus. The liquidity needs for this type of product is a stable bid offer and size relative to the underlying being tracked. Primary market exists to ensure that where a fund needs to increase the issued ETFs it can do so (creations) and where supply exceeds demand ETFs can be cancelled (redeemed). This all happens invisibly to the end investor to ensure that the ETF secondary market operates without interruption. Find out more in our whitepaper: “Understanding The True Liquidity of ETFs” The secondary market, on-Exchange market makers, are underpinned by the primary market and are ultimately the guarantors of the ability for end investors to be able to buy or sell units freely
96 Assessing ETF Liquidity: Bloomberg ETFL <GO>
An example to the right is the HAN-GINS Cloud Technology ETF (SKYY LN), listed at the end of 2018. The section highlighted in red shows implied liquidity of 17.4m shares or $164,979,000m despite the ETF AUM
Source: Bloomberg. Data as of 21st May 2020
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Company Telephone Email BAML +44 (0) 207 995 4474 dg.etf_trading_london@bankofamerica.com Banca IMI +39 02 7261 5318 etf@bancaimi.com BNP Paribas +44 (0) 207 595 1414 etf.trading@bnpparibas.com Cantor Fitzgerald +44 (0) 207 894 8744 etfeurope@cantor.co.uk Credit Suisse Securities +44 (0) 207 888 1371 list.etf-desk@credit-suisse.com Deutsche Bank +44 (0) 207 545 6796 se-trading@list.db.com Goldman Sachs +44 (0) 207 051 8220 gsetfs@gs.com Macquarie Bank +44 (0) 203 023 8885 bachir.binebine@macquarie.com Optiver +31 20 708 7820 etf@optiver.com UBS AG +44 (0) 207 567 9292
Unicredit Bank +39 02 8862 0731 etftrading@unicredit.eu
Market Makers
Company Telephone Email Goldenberg Heymeyer +44 (0) 207 390 3301 etf@ghco.co.uk HSBC +44 (0) 207 991 5819 etftradingdesk@hsbcib.com Jane Street +44 (0) 203 787 3333 etfsaleslondon@janestreet.com Morgan Stanley +44 (0) 207 677 9634 etfdeskln@morganstanley.com Old Mission Capital +44 (0) 203 868 2538 london.traders@oldmissioncapital.com RBC Europe +44 (0) 207 029 0500 cmuklondonetf@rbccm.com Virtu Financial + 353 1 246 6930 etf-trading@virtufinancial.com Barclays +44 (0) 207 773 2059 etftradinglondon@barclayscapital.com J.P. Morgan +44 (0) 207 134 3303 d1_emea@jpmorgan.com Societe Generale +33 1 42 13 52 86 europe.etf@sgcib.com Citigroup Global Markets +44 (0) 207 986 8839 europe.etf.trading@citi.com Flow Traders +31 207 996 777 fit@flow traders.com Bank Frick +423 388 21 21 bank@bankfrick.li Susquehanna +353 1 802 8018 etfsaleseurope@sig.com ITI Capital +44 (0) 207 562 8000 info@iticapital.com
Authorised Participants
AP/MM services may vary by product
Intermediary Platforms:
Direct to Consumer Platforms:
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Current APs
Name TER
LSE $ LSE £ Borsa € XETRA € SIX Emerging Markets Internet & Ecommerce UCITS ETF 0.86% EMQQ LN EMQP LN EMQQ IM EMQQ GY EMQQ SW HAN-GINS Tech Megatrend Equal Weight UCITS ETF 0.59% ITEK LN ITEP LN ITEK IM T3KE GY ITEK SW HAN-GINS Cloud Technology UCITS ETF 0.59% SKYY LN SKYP LN SKYY IM 5XYE GY SKYY SW HAN-GINS Indxx Medical Innovation UCITS ETF 0.59% WELL LN WELP LN WELL IM W311 GY WELL SW KMEFIC FTSE Kuwait UCITS ETF 0.80% KUW8 LN KUWP LN KUW8 IM KUW8 GY
0.80% CBDX LN CBDP LN
CBDX SW The Royal Mint Physical Gold ETC 0.22% RMAU LN RMAP LN RMAU IM RM8U GY
2.00%
0.40% MMLP LN PMLP LN MMLP IM JMLP DE
0.99% AMAL LN AMAP LN AMAL IM ASWE GY
99 99
Product & Trading Enquiries:
Faisal.Elhakim@hanetf.com Jason.Griffin@hanetf.com
UK Sales:
Robert.Dickson@hanetf.com
Italian Sales:
Edoardo.Passaretti@hanetf.com
German Sales:
Andre.Voinea@hanetf.com
BeNeLux Sales
Rick.VanLeeuwen@hanetf.com
Nordics & French Speaking Switzerland
Kilian.Richter@hanetf.com
HANetf @HANetf 10 HANetf
City Tower 40 Basinghall Street London EC2V 5DE www.hanetf.com +44 (0) 203 794 1800
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The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (“FCA”). This communication has been prepared for professional investors, but the ETCs and ETFs set out in this communication (“Products”) may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant Product is available in your jurisdiction and suitable for your investment profile. Past performance is not a reliable indicator of future performance. The price of the Products may vary and they do not offer a fixed income. This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. The content of this document does not constitute an investment advice nor an offer for sale nor a solicitation of an offer to buy any Product or make any investment. An investment in an exchange traded product is dependent
adverse price movements in an Index (for ETFs) or underlying asset class and currency, liquidity, operational, legal and regulatory risks. In addition, in relation to Bitcoin ETCs, these are highly volatile digital assets and performance is unpredictable. The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province
will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes. The Issuers
is the issuer of the ETFs. Investors should read the current version of the ETF Prospectus before investing and should refer to the section of the ETF Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETFs. Any decision to invest should be based on the information contained in the ETF Prospectus.
Documentation”) is the issuer of the precious metals ETCs. Investors should read the latest version of the Issue Documentation before investing and should refer to the section of the Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the Issue Documentation.
limited liability company incorporated under the laws of the Federal Republic of Germany, issuing under the terms in the Prospectus approved by the Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin") and the final terms (“Bitcoin Prospectus”) is the issuer of the Bitcoin ETCs. Investors should read the latest version of the Bitcoin Prospectus before investing and should refer to the section of the Bitcoin Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Bitcoin ETCs. Any decision to invest should be based on the information contained in the Bitcoin Prospectus. The Issue Documentation, ETF Prospectus and Bitcoin Prospectus can all be downloaded from www.hanetf.com. The decision and amount to invest in any Product should take into consideration your specific circumstances after seeking independent investment, tax and legal advice.
[Emerging Markets Internet & Ecommerce UCITS ETF], HAN-GINS Cloud Technology UCITS ETF], [HAN-GINS Tech Megatrend Equal Weight UCITS ETF], [KMEFIC FTSE Kuwait Equity UCITS ETF], [HAN-GINS Indxx Healthcare Innovation UCITS ETF], [The Medical Cannabis and Wellness UCITS ETF] (the “Fund”) is a sub-fund of HANetf
(Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011), as amended. The Fund is registered for sale to investors in the EEA in Ireland, the United Kingdom, Italy, and Germany, Netherlands, Finland, Luxembourg(1) and Switzerland(2) . Accordingly, in the EEA, the prospectus may only be distributed to, and subscriptions to the Fund accept from, investors resident in those jurisdictions. The Fund is not currently registered for sale in any other EEA Member State, although such registration may be sought in the future. Without prejudice to the foregoing, where permitted by national law in a jurisdiction where the Fund is not registered for public offering, shares in the Fund may be offered by way of through private placement. Where private placement is relied upon this will not constitute, or form part of, any offer or invitation to the public in that jurisdiction to subscribe for or purchase shares and shall not be construed as such. As noted above, the Fund is not eligible to be marketed to, or subscriptions accepted from, investors in the EEA, other than investors resident in the countries set out above where the Fund is registered Ireland, the United Kingdom, Italy and Germany or by way of private placement, where permitted in a given jurisdiction. Accordingly, shares in the Fund may not be marketed and neither this document nor any other information relating to the Fund (together, “Relevant Communications”) distributed or made available to other investors in the EEA, unless, if permitted in the relevant jurisdiction, such other investors in the EEA have received any such Relevant Communications on the basis of an enquiry made at the investor’s own exclusive initiative. The distribution of this marketing material and subscription to the Fund in certain jurisdictions may be restricted by law. It is the responsibility of each investor to ensure that their subscription to the Fund does not violate any applicable laws in the investor’s jurisdiction of residence. Each prospective investor should check if the Fund has been registered for sale in the jurisdiction in which they are resident. The Fund shall not be liable for, and accepts no liability for, the use or misuse of this document. Please be aware that not every share class is available in all jurisdictions. (1) CBDX is not registered in Luxembourg (2) KUW8 is not registered in Switzerland
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