Investlinx, has listed its first two ETFs on the Borsa Italiana, writing that it is the first investment manager company in Europe to offer ETFs that provide actively managed portfolios investing directly in both equity and fixed income securities without reference to any benchmark index.
Investlinx Balanced Income ETF (ticker: LINXB), which invests approximately half of the portfolio in fixed income securities and half in equity securities;
Investlinx Capital Appreciation ETF (ticker: LINXC), which primarily invests in equities of leading global companies.
Investlinx ETFs have a total expense ratio more than 35 per cent lower than comparable funds distributed in Europe.
Investlinx’s medium-term objective is to list its ETFs in other European stock exchanges and expand its products offering by launching new funds that will meet a diverse set of return objectives and risk appetites for investors. Investlinx also offers discretionary portfolio management and investment advisory services on an individual basis to institutional clients in the European Union (EU), in accordance with EU cross border passporting regulations.
Investlinx was founded by Mario Bonaccorso, who has more than 20 years of international experience in the investment management industry. Matteo Solfanelli, a manager with 15 years of professional experience in Azimut, serves as CEO of Investlinx.
Exor N.V. is a minority shareholder of Investlinx and has also invested its own capital in the two Investlinx ETFs.
Mario Bonaccorso, Founder of Investlinx, says: “We are delighted to list our first ETFs on Borsa Italiana and to bring an innovative offer in the European market, providing institutional and private investors with better investment choices through global and diversified portfolios available for purchase as ETFs.”
Matteo Solfanelli, CEO of Investlinx, adds: “We are bringing to the market a distinctive offer giving investors the benefits of actively managed diversified portfolios through simple and cost-effective ETFs. Within our equity portfolio, we have selected quality companies with a sustainable competitive advantage, especially in the tech, healthcare and consumer goods sectors. Within our fixed income portfolio, we currently seek an attractive risk/return profile through short-term bonds with elevated credit quality.”
Silvia Bosoni, Group Head of ETFs, Euronext adds: “At the end of 2022, the AUM of active ETFs reached an all-time high record, closing the twelfth consecutive year of growth, confirming the importance of the ETFplus market in the European landscape. We are delighted to welcome Investlinx today with 2 innovative ETFs offering the benefits of active and diversified instruments.”
