IndexUniverse.com

Think Capital Lists First ETFs
By IU.eu Staff | December 18, 2009 8:32 am

Think Capital has become the latest ETF issuer to enter the European market, with the debut of five new exchange-traded funds on NYSE Euronext in Amsterdam yesterday.

The firm’s new ETFs are:

  • Think AEX Tracker: Tied to the Dutch broad-market AEX index
  • Think AMX Tracker: Tied to the Dutch mid-cap AMX index
  • Think TMT Defensief: Tied to a defensive mix of equities, bonds and real estate
  • Think TMT Neutraal: Tied to a neutral mix of equities, bonds and real estate
  • Think TMT Offensief: Tied to an aggressive mix of equities, bonds and real estate

According to ETF Express, the TMT (or Total Market Trackers) will invest in “over 40 equities in different sectors and different European countries, 10 different government bonds with varying maturities, and 10 different real estate funds.” The funds track indices developed in cooperation with Markit and will rebalance to their broad exposures whenever they move more than 2.5% away from their core allocations.

The funds are the first ETFs offered by a Dutch firm, although much of the trading for ETFs runs through Amsterdam. Think Capital says it plans to issue more ETFs in the near future.

 

 

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