VanEck has cross-listed nine Think ETFs onto London Stock Exchange.
The suite of Think ETFs cross-listed on LSE are available to trade in both US dollars and pound sterling.
The ETFs, which maintain primary listings on Euronext Amsterdam, offer a mix of equity, fixed income, and real estate exposure.
The listings include five equity funds, providing exposure to European, North American, global, global ESG-screened, and global-dividend-paying stocks. They are linked to Solactive and Morningstar indices.
There are three fixed income funds, linked to IHS Markit iBoxx indices, which track euro-denominated government and corporate bonds.
The one property fund, linked to a Global Property Research index, delivers exposure to real estate securities listed globally.
The expansion into the UK follows VanEck’s acquisition of Netherlands-based ThinkCapital at the beginning of last year.
In September, the issuer registered 14 of the acquired ETFs for distribution in Germany, Italy, the UK, and Sweden. The nine funds being cross-listed onto London Stock Exchange were cross-listed onto Deutsche Börse’s Xetra platform in December 2018.
“As the leading stock exchange for trading ETFs in Europe, London Stock Exchange is of particular importance to us,” said Martijn Rozemuller, European Head of VanEck. “We are therefore pleased to double our offering of ETFs tradable on the London Stock Exchange from nine to a total of 18. We are not only complementing our existing asset classes but also expanding our offering for passively-managed regional and sustainable equity solutions as well as corporate bonds.”
Lida Eslami, Head of Business Development, Exchange Traded Products and International Order Book, London Stock Exchange, added, “We are delighted that VanEck has expanded the range of ETFs available for trading on London Stock Exchange. ETFs are a growing and important part of global financial markets and London’s strong pool of liquidity continues to attract issuers internationally.”
The funds, along with their ticker codes for both USD and GBP trading lines, are outlined below:
Think European Equity UCITS ETF (TEET LN); (TEGB LN)
Think Global Equity UCITS ETF (TGET LN); (TGGB LN)
Think Global Real Estate UCITS ETF (TRET LN); (TREG LN)
Think Morningstar High Dividend UCITS ETF (TDIV LN); (TDGB LN)
Think Morningstar North America Equity UCITS ETF (TNAE LN); (TNGB LN)
Think Sustainable World UCITS ETF (TSWE LN); (TSGB LN)
Think iBoxx AAA-AA Government Bond UCITS ETF (VAAA LN); (TAGB LN)
Think iBoxx Corporate Bond UCITS ETF (TCBT LN); (TCGB LN)
Think iBoxx Government Bond UCITS ETF (TGBT LN); (TGBG LN)