BITA and Themes ETFs Announce Licensing Partnership for Five New Thematic Indexes
[May 21, 2024, Frankfurt]– BITA, the index technology company, is delighted to announce a recent licensing agreement with Themes ETFs, a new investment firm specializing in thematic exchange-traded funds (ETFs).
“With our new partnership with BITA, we are excited to introduce five new thematic indexes, each uniquely designed to capture the dynamic potential of emerging and specialized themes. BITA’s expertise in thematic investing ensures that each index is meticulously crafted, providing the perfect foundation for our ETF offerings. By integrating these indices into our products, we offer investors targeted, pure-play exposures at competitive expense ratios, allowing them to capitalize on dynamic market themes around the world.” - Calvin Tsang, Head of Product Management & Development at Themes ETFs.
Here is some more information on the indexes:
1. BITA Global Alcoholic Beverages Select NTR Index
This index represents a novel investment opportunity, targeting companies engaged in the comprehensive spectrum of the alcoholic beverages sector. It aims to track the performance of global enterprises involved in the production, transportation, storage, and sale of alcoholic beverages. This index reflects the evolving trends in the global alcoholic beverages market and offers investors a targeted approach to this sector.
2. BITA Global Copper Mining Select NTR Index
Focusing on the robust copper mining industry, this index aims to mirror the performance of companies significantly involved in copper mining. It includes those engaged in both downstream and upstream activities, from exploration to refining. As the world increasingly turns to sustainable energy and technologies, copper’s critical role in these sectors makes this index particularly timely.
3. BITA Global Lithium and Battery Metals Select NTR Index
This index is tailored for the burgeoning lithium and battery metals market, crucial for the expanding electric vehicle and renewable energy sectors. It tracks companies engaged in the mining of lithium and other battery metals, along with their associated exploration and refining processes. This index offers investors exposure to a pivotal sector in the green energy revolution.
4. BITA Global Uranium and Nuclear Select NTR Index
This innovative index focuses on the uranium and nuclear industry, encompassing companies involved in uranium exploration, refining, trading, and finance, as well as those in the broader nuclear industry. It includes materials, equipment, technology, infrastructure, and energy generation and distribution related to nuclear power. This index offers a unique investment avenue in the critical field of nuclear energy.
5. BITA Global Autonomous Driving Index
This future-focused index will provide exposure to the rapidly evolving autonomous driving sector. It will encompass companies at the forefront of developing and implementing autonomous vehicle technology, reflecting the significant growth potential in this cutting-edge field.
This collaboration between BITA and Themes ETFs exemplifies the commitment of both companies to provide innovative and forward-thinking investment solutions. These five new indexes represent not just a diverse range of sectors but also the future of thematic Investing.
For more information about the indexes and the partnership, please visit BITA’s website(www.bita.io) and Themes ETF’s website (www.themesetfs.com).
About Themes ETFs
Themes ETFs provide investors with access to innovative opportunities shaping the future, offering ETFs with expense ratios 40% lower than the industry average. They focus on thematic investing, allowing investors to gain exposure to specific trends and sectors driving market changes.
The team is comprised of experienced professionals in finance, asset management, and legal counsel, ensuring robust product development and management. Themes ETFs emphasize transparency, low costs, and targeted investment strategies to meet diverse investor needs.
About BITA
BITA is a leading technology-enabled Fintech, focused on the provision of investment customization technology, indexes, and indexing solutions to asset & wealth managers, registered investment advisors and other financial institutions across multiple markets. From traditional passive investing to direct indexing, BITA’s infrastructure has been designed to support investment customization at scale.
BITACore is BITA’s cloud-based index development and investment customization platform. BITACore is available both in a web-based version as well as APIs, and can support a variety of applications, from traditional institutional indexing to direct indexing.