The “Borias S&P Global Luxury Goods Fund” is set to debut on the Abu Dhabi Securities Exchange on January 27, as indicated by the market’s official website. Today, the fund’s subscription commenced and will remain open until January 21, with the listing scheduled for January 27. This exchange-traded fund aims to replicate the performance of the “S&P Europe Luxury Goods Index.”
The Borias S&P Global Luxury Goods Fund presents a significant investment opportunity in companies that are shaping the future of the global luxury goods sector. The fund allows investments in world-renowned brands in fashion, automotive, yachts, health and beauty, jewelry, and high-end hospitality. It includes 32 leading global companies such as “Louis Vuitton,” “Hermès,” “Ferrari,” “Richemont,” and “L’Oréal,” which embody exceptional craftsmanship, rich heritage, and considerable market capitalization.
Investors can participate in the subscription through the Abu Dhabi Securities Exchange website or via authorized intermediaries like “International Securities,” “Hermes Financial Group,” “Arqaam Securities,” and “BH Direct Financial Services.” Subscriptions can also be made through reception entities including “First Abu Dhabi Bank,” “Wio Bank,” “Al Ramz,” “BH Investment,” “Bank of Sharjah,” and “Emirates NBD Securities.”
The decision of the Borias S&P Global Luxury Goods Fund to list on the Abu Dhabi Securities Exchange reflects the rapid development of the market, which has become a global financial hub attractive to international companies, supported by its strategic location, robust regulatory framework, and extensive international partnerships.