Alerian, a world leader in North American energy infrastructure and MLP market research and classification, has made its UCITS ETF debut on London Stock Exchange today with The Alerian Midstream Energy Dividend UCITS ETF (MMLP) via the HANetf white-label platform …
David LaValle, CEO at Alerian
Alerian makes European UCITS ETF debut on London Stock Exchange with Midstream Energy ETF via HANetf platform
The Alerian Midstream Energy Dividend UCITS ETF (MMLP) has listed on London Stock Exchange today
First UCITS ETF for Alerian – pioneers of energy infrastructure and MLP indexing and research
The current yield of MMLP is 10.36%
MMLP will be the 9th ETP on the HANetf platform since it launched its first ETF in October 2018
“The launch of MMLP demonstrates European investors’ interest in exposure to North American midstream energy infrastructure,” said David LaValle, CEO at Alerian. “We are excited about our partnership with HANetf and our joint innovation to answer investors’ call for yield and income.”
Lida Eslami, Head of Business Development, ETP and IOB, London Stock Exchange, commented: “We congratulate Alerian on the listing of it debut European-listed UCITS ETF on London Stock Exchange. Alerian joins a growing number of innovative issuers on our markets, offering institutional and retail investors exposure to a wide range of products across assets classes and geographies, including some of the most liquid US equities and now North American midstream energy infrastructure. This listing is testament to London Stock Exchange’s position as a leading listing and trading venue, providing investors with choice and diversification suited to their portfolios and evolving strategies.”
US-based Alerian is the world leader in North American energy infrastructure indexing and research, pioneering how the MLP asset class is measured and creating the most widely used real-time benchmark for midstream MLPs – the Alerian MLP Index.
Midstream energy infrastructure companies, including MLPs and C-corporations, generate fees by transporting, processing, and storing oil, natural gas and natural gas liquids, driving stable cash flows. The midstream sector has attracted investors due to its high income-yield characteristics, particularly among MLPs.
With a historic 5 year average yield of 7.25 for the Alerian Midstream Energy Dividend Index, which MMLP tracks, midstream energy infrastructure compares favourably to infrastructure and energy assets as well as other income strategies while often performing more defensively during periods of energy price declines.
The current yield of the Alerian Midstream Energy Dividend Index was 10.36% as of 30.06.20. This compares favourably to the FTSE 100 TR Index which has a current yield of 4.42%. As of June 30, companies with investment grade credit ratings represented 82.2% of the index by weighting. Past performance is no guarantee of future performance. When you trade ETFs, your capital is at risk.
MMLP Midstream Energy ETF also addresses a significant gap in mainstream US equity holdings as MLPs are not included in broad US equity market indexes and midstream corporations only represent a small portion of major US equity indices.
The inclusion of Canadian midstream corporations provides an added layer of diversification and defensiveness. The launch of MMLP offers a rare gateway for European investors into the North American midstream market via a diversified, rules-based, dividend-weighted index strategy from the leaders in energy infrastructure and MLP indexing and research, Alerian.
Alerian Midstream Energy Dividend UCITS ETF (MMLP)
Alerian Midstream Energy Dividend UCITS ETF (PMLP)