The undertakings for collective investment in transferable securities (Ucits) strategy follows a 48-company US and Europe index with weights tilted towards higher free cash flow yields.
Lunate, an Abu Dhabi-based global investment firm, has expanded its exchange-traded fund (ETF) offering with the launch of the Boreas VettaFi Dividend Winners in Natural Resources Ucits ETF (DIGG) in Germany. The index’s 10 largest holdings generated US$135 billion through dividends and share buybacks The fund seeks to provide exposure to natural resource companies supplying rising demand from artificial intelligence (AI) infrastructure, electrification and energy security investment.