ETF roundup - January

Source launched nine US sector ETFs on January 5, giving European investors the ability to access a derivative of the Standard & Poor’s (S&P) US Select sector indexes through a European listed, Ucits III-compliant ETF structure. Source worked with S&P to make its existing indexes Ucits III-compliant and the result is the new S&P Select Sector Capped 20% indexes, which cover consumer discretionary, consumer staples, energy, financials, healthcare, industrials, materials, technology and utilities