Financial Group Banca Transilvania enters the exchange-traded funds market by launching BT Index Romania ETF BET-TR, managed by BT Asset Management SAI, the leader in the asset management market in terms of assets under management and number of investors.
The ETF (Exchange Traded Fund) debuts on the regulated market of the Bucharest Stock Exchange (BVB) on Thursday, a moment marked by the official opening of the trading session by representatives of the exchange and other institutions, as well as those from Banca Transilvania Financial Group.
The commercial name of the fund is BT Romania ETF, and the symbol under which it is traded on the stock exchange is BTBETRETF.
ETF-ul, listat la Bursa de Valori București, urmărește performanța BET-TR (Bucharest Exchange Trading – Total Return), indicele de referință al BVB, care include cele mai lichide companii listate la BVB și, în același timp, integrează toate evenimentele corporative relevante, precum reinvestirea dividendelor, acordarea de acțiuni gratuite și majorările de capital.
„Romania has courage, resources, and growing companies. BT Romania ETF is the story of a fund born from the confidence that the country's potential can be transformed into opportunity by those who see the direction and want to be part of it. It tracks the performance of the most representative companies listed on the Bucharest Stock Exchange, so their dynamics are reflected in its performance. Therefore, as companies grow, the fund grows too. It is an ETF for Romania, for those who believe in Romanians.” a, declared Ömer Tetik, CEO, Banca Transilvania.
Liquidity for BT Romania ETF fund units is provided by BT Capital Partners, which acts as a Liquidity Provider (Market Maker) and Authorized Participant. BT Capital Partners is the largest intermediary on the Romanian capital market in terms of trading volumes for stocks and bonds listed on the BVB.
Fondul este deschis tuturor celor care aleg să investească, fără limitări legate de profilul investitorului. Strategia de administrare este pasivă, iar costurile reduse și reinvestirea dividendelor contribuie la eficiența ETF-ului. Fondul beneficiază de scutirea de impozit pe dividende, avantaj fiscal care susține randamentul total. 0,083%/lună este comisionul de administrare, aplicat la media activelor nete ale fondului, iar 0,25% este comisionul de tranzacționare, aplicat la vânzare/cumpărare. Pentru a investi în BT România ETF sunt necesare următoarele: fonduri disponibile, un cont de tranzacționare (deschis la BT Capital Partners sau la oricare alt participant la sistemul de tranzacționare al BVB), aplicația BT Pay (acces din meniul Investiții/BT România ETF) și, pentru investiții cât mai responsabile, de informații relevante despre fond, piață și bursă.
For almost 30 years, Banca Transilvania has been one of the pillars of the Romanian capital market, being the first bank listed on the Bucharest Stock Exchange (1997) and the longest-standing issuer in the BET index (2000). BT is also part of other relevant indices for the Romanian capital market, such as BET-XT, BET-BK, BET-EF, BETPlus, and ROTX. The bank's shares are also included in the MSCI (Morgan Stanley Capital International) indices.
Additionally, Banca Transilvania was among the first issuers to meet the criteria for inclusion in the FTSE Global All Cap indices in 2020, following Romania's promotion to Emerging Market status by FTSE Russell. BT's contribution was decisive in promoting the entire capital market to a new category of significant international investors.
From its listing until now, TLV stock has appreciated annually by over 35%%, which means a return of over 5,000 times, including free shares and cash dividends distributed to shareholders.
The bank has over 72,000 shareholders and investors, and nearly 80% of the capital is Romanian. TLV shares are constantly among the most liquid securities on the main market of the BVB. Banca Transilvania is a promoter of investment culture in Romania and a partner in the development of the capital market and the Romanian economy.
