John Hancock Small Cap

USA

John Hancock lists factor small cap ETF

John Hancock is listing a new ETF in New York that brings smart beta to US small caps, the John Hancock Multifactor Small Cap ETF (JHSC).

JHSC tracks an in-house index made of US small caps. To qualify as a small cap, companies must be small enough to have a market cap below the 750th biggest US company, but big enough not to fall within the smallest 4% of companies.

Companies are then chosen and weighted using a multifactor approach, which looks at their market cap, relative price, and profitability. “Securities with relatively high prices and low profitability are generally excluded from the Index. Securities that are selected for inclusion in the Index are subject to a cap of 4% on a single company at the time of reconstitution,” the prospectus says.

Asia

Korea

Samsung lists two plain vanilla and one leveraged ETF

Korean Chaebol and asset manager Samsung is listing three new ETFs. They are:

  • Samsung KODEX US Russell 2000 ETF H (280930)
  • Samsung KODEX MSCI Korea Total Return ETF (278540)
  • Samsung KODEX Gold Inverse Futures ETF H (280940)

The first two funds track plain-vanilla indexes – the Russell 200 and MSCI Korea – through physical replication. The third fund tracks the inverse of the gold futures price.

 

Koomkin banks lists Korean treasury inverse futures bond

Koomkin bank is listing a fund that gives the inverse of three-year Korean treasury futures, the KB KBSTAR KTB 3Y Futures Inverse ETF (282000).

 

Europe

UK

iShares cross lists and re-lists (?) bond ETFs

iShares is offering new currencies in and cross-listing some of its bond ETFs. They are:

The iShares EUR High Yield Corp Bond UCITS ETF (HYGU), which is already listed under the ticker IHYG but denominated in euros.  HYGU will be listed in USD.

The iShares Fallen Angels High Yield Corp Bond UCITS ETF (WNGE), which is already listed under the ticker WING, but denominated in USD. WNGE will be listed in euros. 

The iShares USD High Yield Corp Bond UCITS ETF (IHYE), which is already listed under the ticker SHYU but denominated in USD. IHYE will be listed in euros.

iShares will also be listing a global aggregate bond ETF, which tracks the famous benchmark the Barclays Capital Global Aggregate Bond Index. iShares used to have a product on the London Stock Exchange tracking this index under the ticker IGAG, but at the time of writing I cannot find it. The new listings are:

  • iShares Global Aggregate Bond UCITS ETF (AGGU)
  • iShares Global Aggregate Bond UCITS ETF (AGGH)
  • iShares Global Aggregate Bond UCITS ETF (AGBP)

Each offers exposure in USD, euros and pounds sterling respectively.

Italy

Source is listing two of its  vanilla ETFs into Milan in euros. They are:

  • Source S&P 500 UCITS ETF B SPXD
  • Source EURO STOXX 50 UCITS ETF SDJE5D