UBS 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).
PurePlay ETFs has launched the PurePlay NVIDIA Ecosystem Picks & Shovels Index ETF (NVPS), the first U.S. ETF designed to track companies across NVIDIA’s value chain. Using supply-chain data and a 50% revenue exposure threshold, the fund targets firms involved in raw materials, fabrication, packaging, infrastructure, connectivity, and related activities supporting AI development. The rules-based ETF aims to offer more focused exposure than broad AI funds while avoiding the concentrated risk of leveraged single-stock NVIDIA products. NVPS is the inaugural fund from the newly launched ETF issuer.
At a glance
- Beat
- Launches
- Issuer
- PurePlay ETFs
- Region
- United States
- Filed
- 18 June 2026
Source: Press Release
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