There have been three new ETFs launched by iShares offering access to small cap companies, to the automation and robotics industry, as well as to a diversified commodities portfolio.
The three new ETFs issued by iShares have been tradable on Xetra and Börse Frankfurt since Wednesday.
The iShares MSCI World Small Cap UCITS ETF gives investors access to lower market-cap MSCI World Index companies from developed markets. For inclusion in the reference index, constituent companies must fulfil MSCI size, liquidity and free float criteria.
The iShares Automation & Robotics UCITS ETF is designed to enable investors to participate in the performance of stock corporations that generate substantial earnings from the automation and robotics industry. The reference index contains shares of companies that generate at least 50 per cent of their annual revenue in the following categories: artificial intelligence, nanotechnology and/or production robotics.
The iShares Diversified Commodity Swap UCITS ETF offers investors access to the performance of commodity futures contracts. The reference index, comprising commodities from the energy, agriculture, industrial metals, precious metals and livestock sectors, is designed so that no individual commodity or commodity sector dominates. Weighting is based on the production volume of the underlying commodity.