With Rize ETF, a new issuer of exchange-traded funds has entered the European market, specializing in theme-based products. For the initial listing of two ETFs on the megatrends cannabis and cybersecurity today, Rize has chosen Deutsche Börse with its trading venues Xetra and Börse Frankfurt.
The new Rize Medical Cannabis And Life Sciences UCITS ETF – USD Accumulating offers investors access to the performance of companies primarily active in the medical cannabis, hemp and CBD sectors.
The underlying Foxberry Medical Cannabis & Life Sciences Index is comprised of global listed companies active in the medical cannabis and cannabis-related life sciences sectors. The focus is on companies in the biotech/pharmaceutical and hemp and cannabidiol (CBD) sectors. The companies classified as “Big Pharma” are equally weighted with 10 percent each. The weighting of the remaining companies is based on the relative liquidity of the shares and is at least 0.05 and a maximum of 15 percent.
With the new Rize Cyber Security And Data Privacy UCITS ETF – USD Accumulating, investors can invest in companies in the IT security and data protection sectors.
The reference index is the Foxberry Tematica Research Cybersecurity & Data Privacy Index. Companies from the aerospace and defense sector are excluded. The weighting of the companies is based on their relative thematic valuation. This is a measure of the proportion of revenue or operating profit from cybersecurity and data privacy within a company.
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