HANetf and REX Shares Launch the REX Tech Innovation Premium Income UCITS ETF, and REX Tech Innovation Income & Growth UCITS ETF, Both Tracking the Solactive US FANG Innovation Index
Solactive is pleased to announce the collaboration with HANetf and REX Shares on the launch of the U.S. Big Tech Premium Income ETF, and U.S. Big Tech Income & Growth ETF, which both track the Solactive US FANG Innovation Index. The products aim to provide investors access to a dynamic portfolio of the most innovative and influential U.S. technology-driven companies.
For over a decade, technology giants have dominated U.S. capital markets. The Solactive US FANG Innovation Index captures the performance of 20 prominent, tech-focused firms, blending the scale and resilience of established tech giants with the strength and relevance of other leading innovators, creating a diversified basket that exemplifies U.S. technological leadership. Collectively, these companies are shaping some of today’s most transformative fields, including artificial intelligence, cloud computing, digital entertainment, advanced semiconductors, and electric and autonomous mobility.
The Solactive US FANG Innovation Index includes iconic names such as Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Netflix, and Tesla, alongside a selection of the next largest and most liquid and impactful tech-enabled companies in the market. This structure aims to ensure investors gain exposure to a dynamic portfolio at the forefront of the digital economy.
The REX Tech Innovation Premium Income UCITS ETF, and REX Tech Innovation Income & Growth UCITS ETF listed on 2nd July on the London Stock Exchange under the ticker symbol “FEPI” and “FEGI”, respectfully.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “Our mission is to enable our clients to realize their index-based product ideas quickly and efficiently. The REX Tech Innovation Premium Income UCITS ETF, and REX Tech Innovation Income & Growth UCITS ETF are powerful examples of how our flexible infrastructure and innovative mindset help translate product ideas into investable realities. We are proud to support REX Shares and HANetf with this launch.”
“We’re excited to partner with HANetf and Solactive to bring REX’s first European-listed ETF to market and expand our global footprint,” said Kevin Gopaul, Chief Investment Officer at REX. “Options-based income strategies have been one of the fastest-growing segments in the U.S., and our covered call ETFs have resonated strongly with investors seeking yield without sacrificing equity exposure. With the launch of the REX Tech Innovation Premium Income ETF, we’re proud to offer European investors a differentiated income solution built on a portfolio of leading U.S. technology companies.”
Hector McNeil, Co-Founder and Co-CEO of HANetf, commented: “We are delighted to be partnering with REX Shares to launch three new covered call ETFs in Europe. The asset class has taken off in Europe recently, but we believe it is only just getting started. REX Shares’ approach is tried and tested in the U.S., and now European investors have a chance to participate. We now have 5 covered call ETFs on the HANetf platform, and 13 active ETFs. We believe both these areas are poised for significant growth in Europe, and this is reflected in the uptick in enquiries we have received about launching active and options based ETFs. Our goal is always to break down the barriers to entry in the European ETF market, and allow asset managers from around the world to launch their exchange-traded strategies in a timely, and cost-effective, manner. Our product range is becoming increasingly diverse as we welcome more partners to the platform, ensuring that we are always innovating and offering relevant strategies to European investors.”