"Abu Dhabi asset manager Lunate is leaning on a popular investing app as well as social media marketing to reach younger investors as it prepares to debut an exchange-traded fund tracking stocks in quantum computing - the first thematic ETF for the Gulf. The firm has partnered with Abu Dhabi-backed Wio Bank to make the ETF available to traders in the UAE, and has tapped Emirati creative agency digitalfarm to promote it, a Lunate spokesperson told Semafor."
"Lunate's first thematic ETF, under the ticker QUANTM, will list in Abu Dhabi on the ADX on Sept. 22, tracking the Solactive Developed Quantum Computing Index, a basket of 25 companies working on quantum technologies which are listed in the US. The fund will expose investors to fast-growing newer entrants like hardware and cloud provider IonQ and quantum chip fabricator Rigetti, alongside Big Tech players Microsoft, Nvidia, and IBM."
Lunate is preparing to debut an exchange-traded fund under the ticker QUANTM on Sept. 22 on the Abu Dhabi ADX. The ETF tracks the Solactive Developed Quantum Computing Index, a basket of 25 US-listed companies working on quantum technologies. Lunate partnered with Abu Dhabi-backed Wio Bank to make the ETF available to traders in the UAE. The firm engaged Emirati creative agency digitalfarm and will use a popular investing app and social media marketing to reach younger investors. The fund will expose investors to newer entrants such as IonQ and Rigetti alongside Big Tech firms Microsoft, Nvidia, and IBM.
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