News and Insight - Foxberry’s foxf9® expands Rize ETF’s range with two new ETFs
Rize ETF’s Expansion
London, 29 August 2023: Foxberry today announced that Rize ETF is launching and listing two new exchange traded funds (“ETF”s) which have been developed on Foxberry’s foxf9® platform. The two ETFs are listed today on the London Stock Exchange and the Frankfurt Stock Exchange.
The Rize Global Sustainable Infrastructure UCITS ETF seeks to replicate the Foxberry SMS Global Sustainable Infrastructure USD Net Total Return Index. This sustainable thematic ETF is specifically targeting companies that are making a substantial contribution to global sustainable infrastructure development. In addition, the Rize USA Environmental Impact UCITS ETF tracks the Foxberry SMS USA Environmental Impact USD Net Total Return Index and is a sustainable thematic ETF specifically targeting US companies that are making a substantial contribution to one or more of the six environmental objectives of the EU taxonomy.
These new ETF launch brings Rize ETF’s total ETF offering to eleven all of which replicate Foxberry indices. Foxberry’s foxf9 platform has quickly become the platform of choice for ETF and product issuers prioritising better tools for good and robust index construction as well as optimised feedback loops during the R&D process. The open architecture platform allows customers to use multiple data sources, including from other index providers, and incorporate ESG data from numerous sources in combination with their own analysis for index development and analytics. With foxf9, a user can backtest portfolio models, screen on sustainability parameters, auto generate index rule books and pitchbooks, and instantly analyse index compositions, including sustainability performance. The user-friendly web interface means no programming skills are required.
Rahul Bhushan, Co-founder/director of Rize ETF, commented:
With these two new themes, we are expanding the way investors are able to think about sustainable and thematic exposures. The next wave of thematic ETF investing will be smarter and built for resilience, and crucially, solve client needs, and foxf9 is helping us do just that.
Henrik Brunlid, CEO of Foxberry, commented:
As investors are becoming increasingly knowledgeable and demanding in their thematic and sustainable exposure, we are pleased to support Rize in their continued product innovation.
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Foxberry is a provider of financial indices and front-office technology for the financial sector via its foxf9 platform. Based in London, Foxberry is authorised and regulated by the FCA.
More information about Foxberry is available on: www.foxberry.com.
About Rize ETF
Rize ETF is Europe’s first thematic specialist ETF issuer. Founded in 2019, Rize (with its product line) is committed to challenging orthodoxy and providing investors with seamless access to the most ground-breaking megatrends shaping our planet. Rize aims to achieve a balance between long-term returns and an investment in sustainable themes. Rize covers the entire life-cycle of an ETF, starting with product strategy, index design, ETF structuring, portfolio management and distribution.
Nothing contained in this document constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision.
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