Tuesday, 02 January 2024 12:17 GMT

Quantum-Power ETF Hits Regional Stage


(MENAFN- The Arabian Post)

Lunate has unveiled a new thematic ETF offering, marking the first of its kind in the region, aimed squarely at quantum computing-a field rapidly reshaping sectors from pharmaceuticals to cybersecurity. The Boreas Solactive Quantum Computing UCITS ETF, developed under Lunate's newly introduced Boreas range, is set to debut on the Abu Dhabi Securities Exchange on 22 September under the ticker QUANTM.

The fund traces the Solactive Developed Quantum Computing Index and encompasses 25 firms spanning pure-play quantum specialists like IonQ and Rigetti, alongside technology giants at the vanguard of quantum research such as Microsoft, Nvidia, and IBM. Lunate, acting through its regulated affiliate in Abu Dhabi, is spearheading the investor-facing programme, which integrates active thematic research with transparent, index‐based selection.

Geir Espeskog, an industry veteran, heads the specialist team behind the Boreas suite, reinforcing Lunate's intensified investment in its ETF platform. Following the addition of this thematic ETF to its portfolio, Lunate will manage a total of 19 offerings, combining traditional and thematic strategies.

ADX's Group Chief Executive, Abdulla Salem Alnuaimi, highlighted the significance of this launch, noting that QUANTM will serve as the 17th ETF listed on the exchange. He underscored its value in granting investors direct access to global leaders in quantum computing, including Alphabet and Amazon.

Solactive, the index provider, described the collaboration as a milestone both for itself and for thematic ETFs in the region. Its ARTIS® natural language processing power plays a central role in categorising companies across hardware, software & algorithms, and communication & sensing segments-applying a rank-weighted methodology that ensures balanced exposure within the index.

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Market trends underpinning this launch are compelling. The global thematic fund arena has nearly doubled in size over five years, reaching roughly $562 billion. In the U. S. and Europe, thematic ETFs have also surged; by early 2025, the U. S. counted 473 listings, while Europe hosted 748, with assets concentrated in tech-heavy strategies such as AI and digital infrastructure.

Investors may subscribe to QUANTM between 10 and 16 September via six authorised participants or the ADX eIPO portal. The fund will carry a total expense ratio of 0.49 percent.

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