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ETF Securities expands range of technology ETFs

ETF Securities has added three exchange-traded funds (ETFs) to its “future present” range, which offers exposure to innovative technology.

The ETFS Battery Value-Chain GO Ucits ETF invests in energy storage companies and tracks the Solactive Battery Value-Chain Index, which includes companies providing electro-chemical energy storage technologies and mining companies producing metals for batteries.

The ETFS Ecommerce Logistics GO Ucits ETF invests in logistics companies and tracks the Solactive Ecommerce Logistics Index, which includes logistics service providers and e-commerce technology firms.

The ETFS Pharma Breakthrough GO Ucits ETF invests in companies conducting research and development of drugs for rare diseases. It tracks the Solactive Pharma Breakthrough Value Index.

The products will be listed on the London Stock Exchange, with listings on Deutsche Börse, Borsa Italiana and NYSE Euronext to follow.

All products will transfer to Legal & General Investment Management with the completion of its acquisition of Canvas, ETF Securities‘ Ucits platform, in the first quarter of 2018.

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