New Dutch issuer Think Capital ETFs has listed its inaugural range of five domestic funds on the NYSE Euronext Amsterdam exchange.
The range includes the Think AEX Tracker and Think AMX Tracker, which track the AEX and AMX indices, comprising Dutch large-cap and mid-cap companies respectively.
The remaining three euro-denominated ETFs track the Think Total Market Defensive, Neutral and Offensive indices.
These trackers invest in a mix of asset classes according to a pre-set allocation which is dependent on the selected profile.
The investments are spread over 40 equities in difference sectors and European countries, 10 government bonds with varying maturities and 10 different real estate funds.
Think Capital managing director Martijn Rozemuller says trackers have been successful for years in the US and offer a good alternative to investment funds, which are common in the Netherlands.
NYSE Euronext senior vice president of European ETPs Scott Ebner says the three Total Market trackers based on multi-asset indices are the first of their kind on Euronext.
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