HANetf’s Mexican bond ETF surpasses $15 million in AUM

  • HANetf’s Fixed Income ETF has surpassed $15 million AUM after launching earlier this year.
  • MEXS provides exposure to the UMS Mexican Fixed Income Market.

August 2022 London

HANetf Europe’s first full service &lsquowhite label’ ETP platform is delighted to announce that Finamex Mexico S&P/BMV International UMS Sovereign Bond 5-10yr UCITS ETF (MEXS) has surpassed $15 million in assets under management (AUM). [1]

The ETF provides exposure to the UMS Mexican Fixed Income Market. Holdings are Mexican government bonds denominated in US dollars with maturities between 5 and 10 years. [2]

Mexico is well positioned macroeconomically relative to other Latin American and emerging markets having comparatively one of the lowest debt/GDP ratios.[3] MEXS’ launch in March marked HANetf’s first entrance to the Mexican market.

HANetf listed MEXS on Bolsa Institucional de Valores in Mexico in July. Demand is thought to be increasing for UCITS products in Latin America due to the preferential tax treatment compared to alternative wrappers. [4]

Hector McNeil co-CEO and co-Founder HANetf comments:

“We are delighted that our Finamex Mexico S&P/BMV International UMS Sovereign Bond 5-10yr UCITS ETF has reached the $15 million AUM milestone. When we launched the fixed income ETF in March we believed that there was increasing appetite among Mexican investors for UCITS ETFs. Our partnership with Finamex allowed for us to address this demand. MEXS is the first bond ETF on the HANetf platform and fixed income ETFs are a product group we want to expand over time to align with our market leading thematic crypto and commodity ETFs and ETPs.”

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