Rize ETF has today reached $50 million in AUM across its range of thematic ETFs…
Rahul Bhushan, co-founder of Rize ETF
Rize ETF hits $50 million mark 8 months after launching Rize ETF came to market in February 2020 with the launch of the Rize Cybersecurity and Data Privacy UCITS ETF (CYBR) and the Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR). In September this year, they followed the initial launches with the Rize Sustainable Future of FoodUCITS ETF(FOOD) and the Rize Education Tech and Digital LearningUCITS ETF(LERN),both firsts of their kind in Europe.
The team has over 35 years of combined ETF experience, previously having createdand managed the UCITS ETF platform at ETF Securities which was subsequently acquired by Legal & General Investment Management in March 2018.
Today, Rize ETF offers European investors a one-stop shop for thematic investing and with each ETF backed by a dedicated sector/theme expert, addresses a global shift in preference toward a more relatable, transparent and meaningful style of investing. The company aims to achieve a balance betweengeneratinglong-term returns and backing companiesthat are engenderingthe kindoffuture we want to live in.Thematic investing has seen a surge in 2020, propelled furtherby COVID-19 and itsassociated ‘WFH’and ‘digitalisation’ tailwinds.
The Rize team believes that thematic investing will only garnermuch bigger interest and demand from here.
Rahul Bhushan, co-founder of Rize ETF comments: “We have spotted an opportunity to truly address how the modern-day investor wants theircapital to be mobilised; backingtomorrow’s winners and industry game-changers-companies engendering meaningful change in the world.
On the fund selection side, we have seen a recognition in the way these highly customised and targeted thematic portfolios can be used, not just to access long-term growth stories but also to address key global challenges.
Sustainable Food and Digital Education areperfect examples of where these twoobjectivesintersect. TheseETFs are just thestarting point for us.”2020 has been a year of change and challenge. Nevertheless, theRize team continues to look for catalysts in the real world that are manifesting themselves as long-term investable growth stories in publicly listed companies.
Rahul Bhushancontinues: “Our thinking has led us down the pathof technology (e.g. Cybersecurity), healthcare (e.g. Medical Cannabis), demography (e.g.Digital Education) and evenconsumption(e.g.Sustainable Food). We will continue to let emerging trends guide us in the direction of the next big investable opportunities.”
Commenting onreaching the $50 million mark, David Barfoot, Head of UK, Ireland and Channel Islands Distribution at Rize ETF says: “To have hit $50millionin AUM during the global pandemic is extremely gratifying and we continue to go from strength-to-strength. We plan to develop and issue more ETFs next year, each aligned to further long-term themes as consumer demand and technologies develop.”