Lunate Launches Boreas Thematic ETFs on Deutsche Börse’s Xetra Platform
Lunate, a global investment management company headquartered in Abu Dhabi, announced today the launch of its Boreas Thematic Exchange-Traded Funds (ETFs) on the Xetra trading platform, operated by Germany’s Deutsche Börse, becoming the first firm in the region to offer a suite of ETFs listed on a European exchange.
The launch underscores the strong financial links between Middle Eastern and European capital markets, while giving global investors access to a new range of innovative thematic ETFs designed to capture long-term economic growth opportunities.
The Boreas ETF range offers diversified products with varying risk and return profiles, targeting distinctive global trends and investment themes expected to enhance future economic value and improve portfolio efficiency.
Trading begins today for the Boreas S&P AI, Energy and Infrastructure UCITS ETF on Xetra under the ticker POWR for euro-denominated trading and POWA for U.S. dollar trading. This will be followed by the dual listing of the Boreas S&P Europe Luxury UCITS ETF on both the Abu Dhabi Securities Exchange (ADX) and Xetra on January 27, 2026.
Lunate continues to expand its European ETF presence with the upcoming listing of the Boreas Solactive Quantum Computing UCITS ETF, alongside additional innovative products expected to launch later this year.
The simultaneous listing of the luxury ETF enables global investors to gain exposure to Europe’s luxury goods sector, which is expected to benefit from a projected 10% increase in the global millionaire population by 2029, supporting sustained growth in demand for premium brands.
The luxury ETF tracks the S&P Europe Luxury 35/20 Capped Index and includes 32 companies such as Hermès, Ferrari, Burberry, LVMH, and Richemont, with a total expense ratio of 49 basis points. UAE-based investors may subscribe through six authorized distributors or via ADX’s e-subscription platform between January 15 and 21, 2026.
The Boreas ETF range is managed by Lunate, with product development and research support from North Wind, its exclusive advisor for ETF strategies. Jane Street serves as market maker for the European listings, while European share classes will be issued and settled through Euroclear.
Commenting on the launch, Sharif Salem, Partner and Head of Capital Markets at Lunate, said the move marks a major milestone for the company, expanding access for global investors to thematic investment opportunities across high-growth sectors.
