US EditionAs Defence ETFs Launch, Where Do Niche Funds Fit Into Portfolios?
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As defence ETFs launch, where do niche funds fit into portfolios?
Since March, four exchange-traded funds have come to the marketplace focusing on the defence sector. The new ETFs from WisdomTree, HANetf, Amundi and BNP Paribas Asset Management are aiming to tap into the high and growing spend on national security and defence in Europe. At the end of last year, First Trust and Invesco both launched ETFs focusing on global aerospace and defence innovation. According to JustETF, there are now nine specific defen…
The market authority also asks the Commission to draw up a definitive list of prohibited weapons.
The country's third-largest bank, Nykredit, is today launching the first Danish fund based exclusively on European weapons stocks.
The fund, which will be established under the asset manager Sparinvest, will exclusively contain European defense stocks.
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