AXA Investment Management has just announced the launch of another European ETF looking to follow a rules-based strategy. The AXA IM Nasdaq 100 UCITS ETF (ANAU) marks the third launch in Europe from AXA IM and is available for trade on the Deutsch Boerse. As the name suggests, ANAU will track the Nasdaq 100 index seeking exposure to some of the largest U.S. and international non-finance companies. The index will have a focus on companies in the industries of, technology, healthcare, industrials, materials, and telecommunications.
The Nasdaq 100 is the home of many of the biggest tech and industrial companies in the U.S.