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REX launches peptide ETF reaching beyond GLP-1 drugmakers

The fund targets peptide therapeutics broadly rather than concentrating in the incretin names that dominate existing obesity-themed products.

TR
By Tom Reyes · Markets Editor
Oct 14 11:51 ETSource: ETF Database

The wire

  1. 01REX introduced an exchange-traded fund built around peptide therapeutics, positioned to hold more than the GLP-1 manufacturers that anchor obesity-focused funds.
  2. 02A dedicated vehicle signals that capital markets are starting to treat peptides as a distinct therapeutic category rather than a GLP-1 subplot.
  3. 03Holdings, fee structure and index methodology are not detailed here, and a fund launch says nothing about the clinical prospects of the underlying assets.

From the source

New Peptide ETF From REX Looks Beyond GLP-1 Drugs

Read at etfdb.com
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