With the launch of the Boreas Solactive Quantum Computing UCITS ETF, the 17th ETF on ADX and the second this year, the Abu Dhabi Securities Exchange (ADX) solidified its position as the premier Exchange-Traded Fund (ETF) marketplace in the area.
Being the first thematic exchange-traded fund (ETF) in the region, it provides investors with exposure to businesses at the forefront of quantum computing technologies by tracking the Solactive Developed Quantum Computing Index.
ADX offers local, regional, and foreign investors easy and effective ways to access a wide range of regional and worldwide markets, and it already has the greatest collection of listed ETFs in the region. By increasing exposure to international mega-cap firms like Alphabet, Amazon, IBM, Microsoft, and Nvidia, the new ETF’s listing under the symbol QUANTM enhances this offering and further establishes ADX as the top ETF hub in the region.
This single, tradable ETF instrument, introduced by the international investment management company Lunate, based in Abu Dhabi, is listed today. It tracks a quantum computing index that, according to back-tested data, has generated a 29.4% compound annual growth rate since 2017.
Also Read:
Mohammad Abbas Mirza Interview: AI, Cybersecurity, and the Future of Intelligent Systems at Arsh.Ai
Best Life Coach in Dubai Lee Levy | Building Trust, Results, & Influence
About Author
