New ETF's ThinkCapital offer cost efficient global exposure
BinckBank subsidiary ThinkCapital introduces four new trackers
ThinkCapital is launching four new Exchange Traded Funds (ETFs or trackers) on the Amsterdam Stock Exchange of NYSE Euronext. Due to the sharp pricing of management fees by ThinkCapital the funds provide private investors the same price conditions which are currently restricted to institutional parties.
With this new offering of trackers (ETFs), ThinkCapital offers their clients global diversification. Besides the dividend and cost benefits of ETFs, the Dutch fund provider has added a third distinguishing quality in its Global Equity and Global Real Estate Trackers. The index is constructed on an equal weight basis. Giving each index stock an equal weight gives the investor a better diversification than an index weighted on the basis of market capitalisation.
The new trackers are:
· Think Global Equity Tracker invests in 250 large listed stocks worldwide, management fee 0.20%;
· Think Global Real Estate Tracker invests in 25 listed real-estate stocks worldwide, management fee 0.25%;
· Think iBoxx Corporate Bond Tracker invests in global corporate bonds listed in euros, management fee 0.15%;
· Think iBoxx Government Bond Tracker invests in government bonds issued by the euro countries, management fee 0.15%.
"The expansion of our ETF range provides Dutch investors with an attractive alternative to actively managed investment funds, which are popular but also expensive", says Martijn Rozemuller, Managing Director of ThinkCapital. "After making the Dutch AEX® and MIDKAP® indices accessible to investors, we are now adding global indices. Just like the Dutch indices, these global indices will benefit from ThinkCapital's tax structure which minimises dividend drag problems."
Since December 2009, five ThinkCapital trackers have been listed on NYSE Euronext; Think AEX Tracker, Think MIDKAP Tracker and three Total Market Trackers: Think TMT Defensief, Think TMT Neutraal and Think TMT Offensief. All trackers of ThinkCapital are UCITS compliant. This enables them for a listing on international exchanges, next to the listing on Euronext Amsterdam.
ETFs or trackers are investment funds traded on the stock exchange. An ETF closely follows a particular index, or a combination of indices according to a previously established pattern. The funds combine the simplicity of equities with the advantages of diversification risk of investment funds. A further benefit is the low level of management fees associated with this type of passive investment.
About ThinkCapital
ThinkCapital is the first Dutch issuer of trackers, and the first issuer of a tracker for the MIDKAP Index, the AMX tracker. Another global innovation by ThinkCapital is the introduction of trackers that combine several indices. ThinkCapital's funds are suitable for both institutional and private investors. In 2009 the firm won the VEB Silver Investment Fund Award from the Dutch Stockholders' Association (VEB) for its AMX tracker. ThinkCapital has a Dutch management and Dutch shareholders, including a 60% interest held by BinckBank. ThinkCapital has its registered office in Amsterdam and is subject to regulation by De Nederlandse Bank and the Netherlands Authority for the Financial Markets. The firm is managed by Martijn Rozemuller and Gijs Koning. www.thinkcapital.nl
About BinckBank N.V.
BinckBank is an online bank for investors, ranked in the top five in Europe. As an online broker, it offers its clients fast, low-cost access to all the important financial markets around the world. As an online bank for investors, BinckBank helps its clients look after their capital with BinckBank's online asset management services and online savings. BinckBank offers its professional clients fast, low-cost order execution and administrative processing of securities and cash transactions, in the form of insourcing (client BPO) or licensing of the appropriate software.
BinckBank is an independent online bank for investors, which is listed on Euronext Amsterdam. We have offices in the Netherlands, Belgium, France and Spain. BinckBank has 565 FTEs at end of 2010. Our operations are split into two business units: Retail and Professional Services. BinckBank was formed in 2000 and has now more 430,000 account holders.
Public Relations ThinkCapital:
Martijn Rozemuller (Managing Director)
t: 06 21 59 14 18
e: m.rozemuller@thinkcapital.nl
ThinkCapital BV
Barbara Strozzilaan 310
1083 HN Amsterdam
www.thinkcapital.nl
Public Relations BinckBank
Harmen van der Schoor
t: 020 - 522 03 72
e: hvdschoor@binck.nl
BinckBank N.V.
Barbara Strozzilaan 310
1083 HN Amsterdam
www.binck.com
