- FTSE EPRA Nareit Developed ex Australia Rental in AUD Hedged Net Tax Index licensed by VanEck Australia
- Australia’s first AUD hedged international property ETF
- Index captures 305 REITs representing the world’s Developed markets
FTSE Russell announces that VanEck Australia has chosen to license the FTSE EPRA Nareit Developed ex Australia Rental in AUD Hedged Net Tax Index for its latest Exchange Traded Fund (ETF), the VanEck Vectors FTSE International Property (Hedged) ETF. The ETF has today listed on the Australian Securities Exchange.
The FTSE EPRA Nareit Developed ex Australia Rental in AUD Hedged Net Tax Index, is part of the market-leading, FTSE EPRA Nareit Global Real Estate Index Series. The index represents the performance of eligible listed real estate stocks where the company’s rental revenue from investment properties is greater than or equal to 70% of total revenue.
Listed property has long been a compelling asset class for Australian investors, particularly as it provides regular income streams, diversification and long-term capital appreciation.
Evan Ong, Managing Director ETP Relationships, Asia, FTSE Russell, said:
“We are delighted that VanEck Australia has selected one of FTSE Russell’s real estate indexes for its newly-listed exchange traded fund. Investor appetite for access to international property stocks continues to grow, creating a demand for indexes that reflect the commercial real estate market with the added liquidity, transparency and regulation associated with investing in publicly traded stocks. FTSE Russell continues to create indexes that are designed specifically for the Australian market.”
Arian Neiron, Managing Director and Head of Asia Pacific, VanEck said:
“We are delighted to collaborate with FTSE Russell for an Australian first. The VanEck Vectors FTSE International Property (Hedged) ETF provides investors with low-cost access to the returns of international property securities hedged into Australian dollars. This new ETF offers investors diversified exposure to listed global securities which derive the majority of their income from property rental income.”
Launched in 2009, the FTSE EPRA Nareit Global Real Estate Index Series is designed to represent the performance of eligible listed real estate stocks worldwide, including REITs and other companies involved in the ownership and development of income-producing real estate. It is the global market leader, tracked by over US$340 billion of benchmarked assets*. These indexes are calculated and overseen in partnership with the leading European and North American real estate associations, EPRA and Nareit.
Further information can be found online at the FTSE EPRA Nareit Global Real Estate Index Series page or via the index factsheet.
* Data as of December 31, 2017 as reported on April 2, 2018 by eVestment for institutional assets, Morningstar for retail mutual funds, insurance products, and ETFs, and additional passive assets directly collected by FTSE Russell. AUM data includes blended benchmarks and excludes futures and options. Passive assets directly collected by FTSE Russell have been removed from third party sources to prevent double counting. No assurances are given by FTSE Russell as to the accuracy of the data.
For further information:
Lucie Holloway - +44 (0)20 7797 1222
Tim Benedict - +1 917 582 0641
FTSE Russell is a leading global provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. More than $15 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by the London Stock Exchange Group.
For more information, visit www.ftserussell.com.
© 2019 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE TMX Global Debt Capital Markets Inc. and FTSE TMX Global Debt Capital Markets Limited (together, “FTSE TMX”) and (4) MTSNext Limited (“MTSNext”). All rights reserved.
FTSE Russell® is a trading name of FTSE, Russell, FTSE TMX and MTS Next Limited. “FTSE®”, “Russell®”, “FTSE Russell®” “MTS®”, “FTSE TMX®”, “FTSE4Good®” and “ICB®” and all other trademarks and service marks used herein (whether registered or unregistered) are trade marks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, or FTSE TMX.
All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for any errors or for any loss from use of this publication or any of the information or data contained herein.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Russell Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this communication should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group index data and the use of their data to create financial products require a licence from FTSE, Russell, FTSE TMX, MTSNext and/or their respective licensors.