Banking, finance, and taxes

4 New Thematic ETFs Coming: Long-Term Care, Health and Fitness, Obesity, Organics

Jon C. Ogg

Published: March 17, 2016 1:15 pm

Last Updated: January 13, 2020 11:49 am

Exchange traded funds (ETFs) seem to have taken over the financial world. It has been said through the most recent years that there is an ETF strategy for just about every sector, every theme or every strategy you can think of. Apparently, there were a few more strategies and themes that did not have ETFs. Janus Capital Group Inc. (NYSE: JNS) is aiming to fill a void here — make the four voids.

Janus has announced that it will launch four thematic ETFs soon. The themes are as follows: long-term care, health and fitness, obesity and organics.

They were named the Long-Term Care ETF, the Health and Fitness ETF, the Obesity ETF and the Organics ETF. The Janus Exchange Traded Products team will manage the ETFs, but they are said to not be actively managed products. If all approvals are granted by the U.S. Securities and Exchange Commission (SEC), then each ETF should launch on or around May 31, 2016.

A press release stated that the registration statement has been filed with the SEC with targets of providing investment exposure to companies that play a role in long-term global demographic and consumer shifts.

Janus noted that global demographic and consumer shifts are changing the investment landscape. Janus believes that these shifts should create opportunities for investors over the next several decades. Thursday’s press briefing said:

Our advisor clients are increasingly using sector and thematic products in their client portfolios. We want to provide clients with a broad range of investment tools to help them build their practice and deliver better client outcomes.  We believe these ETFs provide an opportunity to gain exposure to these long-term demographic and consumer themes and create value for clients.

It is not very likely that these four ETF launches will create additional interest in Janus as far as the parent company’s stock is considered. As of the end of 2015, Janus Capital’s assets totaled approximately $192.3 billion for shareholders, clients and institutions around the globe. That being said, Janus shares were up almost 4% at $14.57 on the day that oil went back over $40 and the DJIA went positive for the year.

Janus has a market cap of roughly $2.7 billion and its 52-week trading range is $11.07 to $18.98.