Alfa Technology ETF
Moscow-based Alfa Capital is listing a new ETF that invests in high growth corners of the global equity market, particularly US technology. The Tekhnologii 100 BPIF RFI ETF (AKNX), from what we can tell at this early stage, offers an ETF share class of the company’s technology mutual fund. The fund invests mostly in Us shares but also in US ADRs. It focusses on the global technology giants but also has a 30% sector bet on banks and financials.
We are hoping to learn more about the fund and trying to contact the issuer. (My phone plan doesn’t include calls to Russia).
WisdomTree to lists US floating rate ETFs
WisdomTree is listing a new floating rate bond ETF. The WisdomTree USD Floating Rate Treasury Bond UCITS ETF (TFRN) will track the Bloomberg Barclays US Treasury Floating Rate Bond Index. The fund will charge 0.15%.