Bats Global Markets, Inc. (Bats:BATS) welcomed QuantX Funds as a new issuer to the Bats ETF Marketplace with the launch of a suite of risk management focused funds:
- QuantX Risk Managed Growth ETF (Bats: QXGG) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the QuantX Risk Managed Growth Index.
- QuantX Risk Managed Multi-Asset Income ETF (Bats: QXMI) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the QuantX Risk Managed Multi-Asset Income Index.
- QuantX Risk Managed Real Return ETF (Bats: QXRR) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the QuantX Risk Managed Real Return Index.
- QuantX Risk Managed Multi-Asset Total Return ETF (Bats: QXTR) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the QuantX Risk Managed Multi-Asset Total Return Index.
- QuantX Dynamic Beta US Equity ETF (Bats: XUSA) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the QuantX Dynamic Beta US Equity Index.
Laura Morrison, Bats
Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products at Bats, commented:
We are delighted to welcome QuantX to the Bats ETF Marketplace, and in this instance, to help bring the company’s proprietary risk management solutions to a broader range of investors. Every market participant should feel sure of their investment decisions, and products like these help to add that extra level of confidence.
Keys Tinney, Founder and Managing Partner at Blue Sky Asset Management, the sponsor of the QuantX funds, stated:
This suite of QuantX funds allow for investors of every sort to employ risk management strategies that are low cost and accessible across a range of our proprietary indices. Broadening access to highly innovative, low cost ETFs is a goal we share with Bats, and a key reason behind our decision to partner with them to bring these products to market.
In December alone, Bats welcomed 27 ETFs from eight providers to its U.S. market and in the fourth quarter, Bats welcomed a total 34 ETFs from 13 providers.
Including transfers from competitor venues, Bats welcomed 85 ETF listings to its U.S. market, an increase of 145% over 2015.
There are now 149 ETFs listed on Bats ETF Marketplace, from 24 different issuers.