HANetf launches growth and quality ETFs

White label ETF issuer HANetf has launched two global equity ETFs targeting growth and quality.

The Lloyd Focused Equity UCITS ETF (FEP) and Lloyd Growth Equity (GEP) are listed on the London Stock Exchange with total expense ratios (TER) of 0.85%.

FEP tracks the Solactive Lloyd Focused Equity Index which captures companies with “robust” financial fundamentals.

Companies generating revenue of $10 million or more over five years or those with an average market capitalization of more than $3 billion over the past six months are eligible for inclusion in the index.

Additionally, the median operating margin over five to ten years must be above 7%, while the minimum earnings before interest, taxes, depreciation and amortization (EBITDA) over the past five years must be positive.

Finally, the average return on investment over five to 10 years must be greater than 10% and the net debt to EBITDA ratio must be less than two.

Meanwhile, GEP tracks the Solactive Lloyd Growth Equity Index, which captures companies with strong financial fundamentals and superior growth.

The index applies the same selection criteria as the Solactive Lloyd Focused Equity Index, with the exception of an additional growth filter, including only companies with positive average annual growth in cash flow per share over 10 years.

HANetf spear In February, Europe’s first junior mining ETF seeks to target the increasingly important role of nuclear in the energy transition.

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