- This new FlexETP 3 Product Platform enter the market at a perfect time when investors are progressively more involved in products related to provide issuance and custodial services for the investment vehicles
- FlexETP Funds, FlexETP Wrapper and FlexETP Private Placement
Flexfunds ETP has announced the introduction of its FlexETP 3 Product Platform with great success in the ETP market. Asset managers are now able to determine a customized solution for their strategies.
This new FlexETP 3 Product Platform enters the market at a time when investors are progressively more involved in products related to provide issuance and custodial services for the investment vehicles.
FlexETP Funds: The Investors participate in investment strategies of public securities. The underlying securities are held in a custody account and are controlled by the Portfolio Manager or by an assigned third party. Products can include any fee and/or payment characteristic, and can be used as a product for multiple investors or to manage a single account.
FlexETP Wrapper: The FlexETP Wrapper provides access to private securities through a feeder-like Euroclearable security. Existing private funds, entities or securities can be accessed directly from an investor’s account, preventing the need to open and administer new accounts and transfers. Private securities acquire instant global distribution, exposure and track record.
FlexETP Private Placement: The FlexETP Private Placement creates a security tied to a loan agreement or debt contract. Products can be designed according to the characteristics of the underlying contract, including distributions and/or interest accrual. The price / NAV is published in the investor's statement. Through Euroclear, the FlexETP’s securities and payment distributions are distributed into the investor's account.
“We frequently hear about the need of issuance and custodial services for the investment vehicles”, said Mario Rivero, Director at Flexfunds ETP. “With this new FlexETP product platform, we created one of the most efficient asset management program, FlexETP has many advantages, and it concentrates on price, speed and flexibility”.