Following the acquisition of the Dutch ETF provider Think ETF by VanEck in June 2018, all Think ETFs have now been included in VanEck’s portfolio and all 14 ETFs are in the process of gradually becoming registered in various European markets.
With assets under management of EUR1.7 billion, Think ETFs have so far only been traded on the Euronext stock exchange in Amsterdam. They are now licensed for distribution in Germany, Italy, the UK and Sweden.
“Until now, VanEck has mainly been known in Europe as a pioneer in forward-looking and intelligently designed investment strategies for commodities, emerging market bonds and smart-beta, says Martijn Rozemuller, European Head of VanEck. “With the Think ETF integration, we are able to offer investors a broader range of asset classes, sectors and innovative strategies at low cost.”
In Europe, VanEck now provides investors access to a total of 27 passively and actively managed investment solutions. All Think ETFs correspond with the philosophy of VanEck, which is to offer investment strategies with unique selling points. “In particular, the Think ETFs’ innovative fee models and alternative weighting methods, such as equal weight or dividend weighting, will supply a breath of fresh air to the European market,” says Rozemuller.
Jan van Eck, CEO of VanEck, says: “The Think ETF team has made a name for itself with its high-quality product range. The aim of the acquisition was to put the know-how of Think management to work for our clients. We are drawing nearer to achieving this objective by utilizing the synergy effects of both companies and we are now able to offer Think ETFs to a greater number of investors in European markets.”
The portfolio of Think ETFs covers markets such as the global, European and North American equities, corporate bonds from industrialised countries and European government bonds. As with VanEck ETFs, all 14 ETFs are physically replicated and do not have any counterparty risk, as none of the ETFs engage in securities lending.
