EQM launches online retail growth fund via HANetf
Etsy, Peloton, HelloFresh among holdings
Fitness service Peloton is among the holdings available to investors
EQM Indexes has launched a thematic ETF targeting online retailers via the HANetf platform.
The Global Online Retail UCITS ETF (IBUY) will offer investors access to a global basket of developed and emerging market companies which derive 60% of more of their revenue from online retail and marketplace commerce.
It will track the EQM Global Online Retail Growth index, which is revenue-weighted with a maximum of 25% exposure to emerging markets.
Available to investors for a total expense ratio of 0.69%, some key holdings at launch include Etsy, HelloFresh, Peloton and Delivery Hero.