Europe's largest provider of white-label UCITS ETFs and ETCs, HANetf, has received regulatory approval to launch a Ukraine Reconstruction ETF in Europe, targeting companies involved in rebuilding the country amid Russia's ongoing invasion, Citywire reported.
While several ETFs already offer exposure to Ukrainian stocks, the new product will be the first to focus exclusively on businesses contributing to Ukraine's reconstruction. The strategy will not be limited to Ukrainian companies alone, according to Citywire.
The Ukraine Reconstruction UCITS ETF will be domiciled in Ireland and launched through HANetf's white-label platform.
The ETF will also be traded by Atlanta-based Vident, which was acquired in 2023 by former NFL player Casey Crawford, the report said.
HANetf runs a range of defence and NATO-aligned rearmament strategies, including its flagship Future of Defence UCITS ETF, which manages EUR 2.7 billion ($3.2 billion) in assets.
