Fund Product Update

Australian Ethical launches high conviction wholesale fund

Australian Ethical has launched an actively managed high conviction fund for wholesale investors, a first for the company. The fund is to invest in 20-35 mid- and large-cap listed stocks in forward-looking industries such as renewables, healthcare, communications and information technology.

ETF Securities launches Fintech & Blockchain ETF on Chi-X

The ETF Securities Fintech & Blockchain ETF (Chi-X:FTEC) is an Australian first product offering investors exposure to financial technology and blockchain companies. FTEC tracks the Indxx Developed Markets Fintech & DeFi Index, which includes companies from developed markets with significant exposure to one of the five major fintech sub-themes emerging in the finance industry. These include cashless societies, blockchain adoption, online wealth platforms, alternative credit and cloud-based financial software. FTEC starts trading on Chi-X on 14 October 2021.

BetaShares announces Crypto Innovators ETF

A coming launch from BetaShares is the BetaShares Crypto Innovators ETF, offering exposure to a global suite of companies in the cryptocurrency economy. The fund will track the Bitwise Crypto Industry Innovators Index (before fees and expenses).