Profil:
GPW SAFuture of Defence ETF debuts on Warsaw Stock Exchange
The Future of Defence UCITS ETF issued by HANetf ICAV made its debut on the Warsaw Stock Exchange. HANetf plans to introduce more of its products to the Warsaw Stock Exchange, co-founder and CEO of HANetf Hector McNeil told PAP Biznes.
Future of Defence UCITS is the first thematic fund on the Warsaw Stock Exchange providing exposure to companies benefiting from increased defence and cyberdefence spending by NATO and its allies.
According to McNeil, it is important to invest adequately in defence, and he believes that capital markets play a major role in this.
"It is the only ETF in the world that invests exclusively in NATO countries and NATO-affiliated organisations," the CEO stressed.
McNeil pointed out that in the long term, HANetf hopes that this will be a starting point for introducing more products.
He added that the company also hopes that the first Polish asset managers will start using the platform and create their own ETFs.
The ETF is listed in Polish currency under the ticker ETFNATO.
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