Bringing you live news and features since 2006 

VanEck lists first semiconductor ETF on the London Stock Exchange

RELATED TOPICS​

VanEck has listed the VanEck Vectors Semiconductor UCITS ETF on the London Stock Exchange. This new index fund is the first UCITS compliant ETF in the UK with a focus on companies within the semiconductor industry. “Microchips are an elementary component of the high-tech industry,” says Martijn Rozemuller, European Head of VanEck. “They are used in technical components such as computer chips or microprocessors and our modern world would be inconceivable without them. Be it with topics such as cloud computing, 5G, artificial intelligence, robotics, cybersecruity, autonomous driving or digitalisation. With the growing use of modern technology in business and everyday life, the demand for and significance of more powerful microchips is increasing.” 

The market for semiconductors has shown a positive growth in the past that reflects this. According to IndustryResearch this was still at around 488 billion US dollars in 2018 and is expected to grow to over USD730 billion by 2026 – with an annual growth rate of around 5 per cent. These figures represent an estimate based on current data, but are not intended to be a prediction of a positive development, as the market situation can change at any time. The VanEck Vectors Semiconductor UCITS ETF invests in an international selection of semiconductor companies that demonstrate high liquidity due to their market capitalisation and trading volume.

“This new ETF was developed after we received many requests for the successful US version of the ETF. To address this demand, we developed the UCITS version that we are listing today,” says Rozemuller.

“The MVIS US Listed Semiconductor 10 per cent Capped Index on which the ETF is based has been established as a Pure Play Index,” says Dimitri Klymenko, Product Manager at VanEck. “This means that only those companies will be included that derive at least 50 per cent of their revenues from semiconductors and semiconductor equipment. This allows investors to invest in this industry in a very conscious and targeted manner.”
 

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by