Cybersecurity and cannabis ETFs launched by former LGIM team

First launches from Rize ETF

Rize ETF is set to launch its first two ETFs, the Rize Cybersecurity and Data Privacy UCITS ETF (CYBR) and the Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR).

Both of the ETFs will be listed on the Frankfurt and London stock exchanges, marking an ETF launch debut for the former LGIM team who launched Rize ETF earlier this month. The Rize Cybersecurity and Data Privacy UCITS ETF seeks to provide exposure across 45 companies engaged in offering protection against cyber threats and maintaining data privacy. It will also exclude companies engaged in aerospace and defence from its ETF in the interest of ESG considerations, and will have a total expense ratio (TER) of 0.45% Cyber security: More than just 'an IT problem' for asset managers Rahu...