Banca Transilvania Financial Group enters the exchange-traded fund market by launching  the BT Index Romania ETF BET-TR, managed by BT Asset Management SAI, the market leader in asset management both in terms of assets under management and number of investors.

The ETF (Exchange Traded Fund) debuts today on the regulated market of the Bucharest Stock Exchange (BSE), a moment marked by the official opening of the trading session by representatives of BSE and other institutions, as well as of Banca Transilvania Financial Group.

• The fund’s trading name is BT Romania ETF.
• The ticker symbol under which it trades on the market is BTBETRETF.

The ETF tracks the performance of the BET-TR (Bucharest Exchange Trading - Total Return), the Bucharest Stock Exchange benchmark index, which includes the most liquid companies listed on the market and, at the same time, incorporates all relevant corporate events, such as: dividend reinvestment, granting of bonus shares and capital increases.

Economic potential transformed into investment opportunity

Romania has courage, resources, and growing companies. BT Romania ETF is the story of a fund born from the belief that the country’s potential can be transformed into opportunity by those who see the potential and want to be part of it. It tracks the performance of the most representative companies listed on the Bucharest Stock Exchange, so that their momentum is reflected in its performance. Therefore, when companies grow, the fund grows too. It is an ETF for Romania and for those who believe in Romania.

Ömer Tetik
CEO
Banca Transilvania

Liquidity for BT Romania ETF fund units is provided by BT Capital Partners, which acts as Market Maker and Authorized Participant. BT Capital Partners is the largest brokerage company on the Romanian capital market in terms of trading volume for shares and bonds listed on the Bucharest Stock Exchange.

Easy access to the local market through the BT Romania ETF

• The fund is open to anyone who chooses to invest, with no restrictions based on the investor’s profile.
  
  
• The passive management strategy, low costs, and dividend reinvestment all contribute to the ETF’s efficiency. The fund benefits from a dividend tax exemption, a tax advantage that supports the total return.
  
  
• The management fee is 0.083% per month, applied to the fund’s average net assets, and the trading fee is 0.25%, applied to sales/purchases.
  
  
• To invest in BT Romania ETF, the following requirements are needed: available funds, a trading account (opened with BT Capital Partners or any other participant in the BSE trading system), BT Pay app (available from the Investments/BT Romania ETF menu), and, for the most responsible investments, relevant information about the fund, the market, and the stock exchange.

Banca Transilvania, the longest-standing issuer in the BET index

For nearly 30 years, Banca Transilvania has been one of the pillars of Romania’s capital market, being the first bank listed on the Bucharest Stock Exchange (1997) and thelongest-standing issuer in the BET index (2000). BT is also part of other indices relevant to 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.

Furthermore, 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.

Since its initial public listing, TLV share has grown by over 35% annually, representing a return of more than 5,000 times, including bonus shares and cash dividends distributed to shareholders.

The bank has over 72,000 shareholders and investors, and nearly 80% of its capital is Romanian-owned. TLV shares consistently rank among the most liquid shares on the BSE’s main market. Banca Transilvania promotes the investment culture in Romania and is a partner in the development and growth of the Romanian capital market and economy.