Defiance InvestmentsUBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Defiance ETFs has launched the AI Magnificent 10 ETF (AIMG) on Nasdaq, providing concentrated exposure to 10 companies spanning key layers of AI infrastructure, including accelerators, custom chips, foundries, memory, networking and photonics. AIMG tracks the BITA AI Magnificent 10 Select Index, selecting companies by free-float market capitalization and equally weighting them at quarterly rebalances to reduce single-stock dominance. The initial universe includes Nvidia, Broadcom, TSMC, Samsung, SK hynix, Micron, Marvell, Lumentum, Coherent and Alphabet. The ETF carries a 0.61% expense ratio.
At a glance
- Beat
- Launches
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 10 September 2026
Source: Press Release
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