MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness
Below are the questions post from clients related to the launch of IPO, MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness ("MyETF-AGRI"). 1. May I know what is this offering? 2. Does this IPO related to the financial market data service provider Thompson Reuters? 3. How does it related? Is it a good option to buy? What do you think? ---------------------------------------- My reply as below: This one is ETF (Exchange Trade Fund) base on Thomson Reuters Asia Pac Islamic Agribusiness as benchmark Index Shariah Methodology. Meaning, the fund will buy those companies in their Benchmark Index, they may review and rebalance semi annually and provide the NAV (Net Asset Value) on daily basis. (normally the stock price for ETF will follow NAV closely) Currently their top 10 constituents (make up almost 53%) of the Benchmark Index and their respective weightings are as follows, however, they may change the securities base after quarterly review: