European white labeller, HANetf, has announced it has partnered with Lloyd Capital to launch Lloyd Focused Equity UCITS ETF (ticker: FEP) and Lloyd Growth Equity UCITS ETF (ticker: GEP).
HANetf writes that the two new ETFs follow Solactive indices that aim to replicate the equity strategy for which Lloyd Capital has become widely renowned and that have a long track record of superior investment results.
Lloyd Focused Equity UCITS ETF tracks the Solactive Lloyd Focused Equity Index, which aims to select companies with strong and sustainable earning power, trading at a price that provides a margin of safety over their intrinsic value.
The second ETF, Lloyd Growth Equity UCITS ETF, tracks the Solactive Lloyd Growth Equity Index, which aims to select equities with strong and superior growth of their earning power, again trading at a price that provides a margin of safety over their intrinsic value.
The firm writes that thanks to a strong pre-marketing campaign, the ETFs were able to attract USD319.67 million in assets under management (AUM) within the first week of trading.
Lloyd Capital is an independent asset and wealth manager based in Zurich with a strong client franchise and capital base, HANetf writes, adding that they look to provide steady returns by investing in outstanding businesses at a discount.
“At the core of their investment process lies a deep fundamental research approach and a high degree of selectivity resulting in concentrated portfolios. Lloyd Capital is a subsidiary of Emerald Wealth Partners, a group founded in 2016 with an AUM of USD1.9 billion.”
Thomas Küpfer, Chief Investment Officer, and Cedric Jacque, Senior Portfolio Manager, say: “We view stocks as fractional ownership in businesses and cultivate a long-term owner’s mindset. Our selective strategy focuses on identifying high-quality companies, acquiring a deep understanding of their business models, and purchasing them at a discount to their long-term earning power.”
