• In addition, the company is listing a range of ETPs replicating ARK Invest’s renowned range of thematic ETFs
• Further ETPs covering major names in healthcare, airlines and other growth stocks are also listing
• 42 ETPs to be listed – Largest number of ETPs to be listed in one day, according to the London Stock Exchange
For the first time, European investors will be able to access the ‘Oracle of Omaha’s’ investment prowess in a number of currencies and from a range of exchanges.
Warren Buffet – one of the most successful investors of all time – runs Berkshire Hathaway, which buys and invests in approximately 60 companies. But with its shares listed on the New York Stock Exchange at over $430,000 per share, many investors are unable to invest in the stock.
Now, thanks to Leverage Shares, investors looking to gain exposure to Buffet’s wisdom – minus the bumper price tag – can invest in fractions of the shares through a highly-liquid ETP wrapper, the Leverage Shares Berkshire Hathaway (BRK-B) Tracker ETP (tickers: BERK – GBP; WRRN – USD; BRK1 – EUR). This allows them to invest via their local broker, as they would any other stock or ETF.
For those who truly believe in the magic of Buffet, there is a 2x Long Berkshire Hathaway Investment Strategy available, the Leverage Shares 2x Long Berkshire Hathaway (BRK-B) ETP Securities (tickers: 2BRK – GBP; BRK2 – USD; 2BRE – EUR)
The ETPs physically own the underlying stock, so no swaps or derivatives are used to gain exposure.
Listing on the London Stock Exchange, Euronext Paris and Euronext Amsterdam from the 14 December 2021, the Leverage Shares Berkshire Hathaway ETP will mimic the daily return of the underlying stock, giving investors 1:1 exposure from as little as £5.
These launches form part of a larger expansion to the Leverage Shares offering – growing the existing 103 ETPs to 145. Additional ETPs will cover blue chip names in healthcare, airlines, financials and other growth stocks – broadening the Leverage Shares focus which has, until now, been more focused on big tech.
Leverage Shares will also be listing a range of ETPs replicating ARK Invest’s renowned range of thematic ETFs.
European investors will now be able to access three of ARK’s most popular thematic strategies, including ARK Innovation (ARKK), ARK Next Generation Internet (ARKW) and ARK Genomic Revolution (ARKG) in either short, neutral or leveraged formats.
A full list of the new ETPs is available upon request. Since they will all be listed on European and London stock exchanges in US$, GBP and EUR, investors can trade on their own time zone and in their local currency via their local broker – avoiding high FX fees.
Commenting on the launch of the Berkshire Hathaway ETPs, Dr. Dobromir Kamburov, COO of Leverage Shares said:
“Berkshire Hathaway created B Class stocks in 1996 to try and provide smaller investors access to their investment approach. Originally, they were offered at one-thirtieth of the price of Class A-shares but in 2010 the shares were split, so now offer one-1500th of the Class A shares. At c.$280 per share, these B Class stocks are still not exactly cheap.
“At Leverage Shares we are determined to democratise access to some of the biggest and most successful businesses in the investment universe. For this reason, we have pursued an offering of trackers that give investors partial shares in a security. We already have these on offer for big names such as Tesla, Netflix and Microsoft and wanted to add some diversification to big tech through Berkshire Hathaway, some healthcare names, airlines and other growth stock trackers.”
Leverage Shares now has 145 ETPs, offering access to big names such as Moderna, Airbus, Tesla, Microsoft, Meta, and Apple. According to FE Analytics, four of Leverage Shares’ ETPs appeared in the top 10 best-performing ETFs of 2020.