HANetf teams up with partners to add around 10 novel ETFs a year
Last updated: 02:42 27 Jan 2020 AEDT, First published: 20:01 05 Jun 2020 AEST
Snapshot
- Independent creator of exchange-traded products
- Offers services to third-party asset managers who want to enter the world of ETFs
- Funds include ETPs tracking Royal Mint physical gold, cannabis equities, cloud internet companies and decarbonisation
What HANetf does
HANetf specialises in creating innovative exchange-traded products (ETPs) for European investors, including exchange-traded funds (ETFs) and exchange-traded commodities (ETCs).
The company was founded by leading ETF entrepreneurs Hector McNeil and Nik Bienkowski as an independent facilitator rather than a competitor to the titans of the passive fund industry.
HANetf works with third-party asset managers who want to successfully launch and manage UCITS ETFs, providing them with a complete operational, regulatory, distribution and marketing solution.
As of December 17, 2020, assets under management topped US$1bn, surging around 14-fold since the start of the year as the firm went from five exchange-traded products to 12 ETFs by the end of the year.
The ultimate aim is to run 150 to 200 ETFs for around 30 to 35 clients and with several hundred corporate approaches since launch, there is plenty of demand from potential partners large and small.
What the CEO says
“We are looking to build a platform to be a multi-manager ETF platform,” says co-founder Hector McNeil. “We will be the first multi-manager platform in the world.
“The two big selling points we say about the HANetf offering is that we have over 150 years of European ETF experience in the business across all disciplines and we can have a fund out in eight weeks,” McNeil says.
“We provide all the spades and shovels. We are the one-stop solution. If you were starting up an ETF from scratch it would probably cost three to five million to get up and running and two to three years, and then there’s the three to five years to figure out what you should have got right. Instead of a high-fixed-cost model, ours is almost a fully variable cost model.”
He says the products won’t be the cheapest but they offer something different: “We won’t be offering the normal ETF story of the Eurostoxx 50 at two basis points cheaper than the last guy. Our products aren’t cheap, but they are interesting and provide value-add.”
HANetf's list of ETPs
The Royal Mint Physical Gold ETC, which tracks the price of physical gold held by The Royal Mint.
The EMQQ Emerging Markets Internet & Ecommerce ETF, which includes companies internet and ecommerce technologies in emerging markets, such as Tencent and Alibaba.
The Medical Cannabis & Wellness ETF (CBDX) was set up with Purpose Investments and tracks a rules-based medical cannabis and wellness equity index from Solactive, including companies involved in the legal medical cannabis, hemp and CBD sectors.
HAN-GINS Cloud Technology ETF (SKYY) was co-created with GinsGlobal to include companies that provide cloud-based software, cloud infrastructure and storage.
HAN-GINS Innovative Technologies ETF (ITEK), another with GinsGlobal, offers exposure to technology themes with long-term growth potential, including robotics, blockchain, future cars, social media, genomics, VR, cyber security and big data.
HAN-GINS Indxx Healthcare Innovation ETF (WELL) is focused on companies at the intersection of healthcare and technology.
The KMEFIC FTSE Kuwait Equity ETF (FRA:KUW8) provides access to a diverse basket of Kuwaiti securities.
BTCetc Bitcoin Exchange Traded Crypto (BTCE), a collaboration with ETC Group, reached US$49mln in assets in two months since launch in , with US$67mln of trading across all available German trading venues over the period.
The Alerian Midstream Energy Dividend UCITS ETF (LON:PMLP) is listed in London in partnership with Alerian, the North American energy infrastructure indexing and research specialist.
Almalia Sanlam Active Shariah Global Equity UCITS ETF (LON:AMAL) is the world’s first actively managed global equity Shariah-compliant ETF, launched in partnership with financial services group Almalia and managed by Sanlam Investments UK.
The Digital Infrastructure and Connectivity UCITS ETF (LON:DIGI), where specialist investor Quikro and index group Tematica Research are the partners, is focused on companies at the forefront of the digital infrastructure revolution, 5G and the cloud.
In the group's first foray into ESG investment funds, the iClima Glo Decarbonisation Enablers UCITS ETF (LON:CLMA) was launched in December 2020.
