Abu Dhabi Securities records a luxury goods fund as the first listing of financial instruments in 2026

The Abu Dhabi Securities Exchange Group, the largest and most active ETF market in the region, recorded the first listings of financial instruments in the UAE for the year 2026, with the listing of the Boreas Standard & Poor’s Luxury Goods ETF, confirming the continued momentum of the growing ETF ecosystem in the country.

This step reflects the depth of the Abu Dhabi Securities Exchange’s commitment to expanding access to innovative investment products, and providing the opportunity for its growing investor base to benefit from specialized global investment options, including the long-term growth of the global luxury goods sector.

The fund was listed following an initial offering period that extended from January 15 to 21, during which investors subscribed to the fund’s units.

Unlike traditional IPOs, IPO allocations typically reflect investor demand, subject to market conditions.

The fund was developed by Abu Dhabi-based global investment management company Lunit to provide exposure to 32 companies that benefit from structural growth drivers, including rising levels of global wealth and growing demand for luxury travel and lifestyle experiences.

The fund seeks to emulate the performance of the S&P Europe Luxury 35/20 Capped Index, which represents a total market value of 5.2 trillion dirhams.
The fund’s components include international luxury brands such as LVMH (Louis Vuitton, Dior, Fendi, Tag Heuer), and Richemont (Cartier, Van Cleef & Arpels, Montblanc), in addition to Hermes, Ferrari, and L’Oreal, covering the fashion, jewelry, hospitality, and automobile sectors.

Abdullah Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange Group, said: This listing represents the first public offering and listing of a financial instrument in the UAE for the year 2026, as the Lunit Fund, which specializes in the luxury goods sector, offers a new option that enhances the distinguished investment opportunities in Abu Dhabi and the region in general, and with the listing of 21 ETFs to date and the growing range of available products, we continue to expand our investment offerings through strong partnerships and world-class products, in a way that supports the diversification of investment portfolios and generating… income, and at the same time enhances Abu Dhabi’s transition towards a knowledge-based and investment-based economy.

For his part, Sherif Salem, Partner and Director of the Financial Markets Department at Lunit, said: “We are pleased to list the third ETF of a special nature on the Abu Dhabi Securities Market, which reflects our commitment to providing attractive investment opportunities for investors in the UAE. The Boreas Group is designed to cover investment axes that have long-term growth potential supported by the rising global trends in this field.”

The Boreas Standard & Poor’s Euset Luxury Goods ETF allows investors to benefit from significant growth in wealth globally, which is expected to help stimulate demand for luxury goods from a new category of consumers.

Traded funds continually offer great opportunities to achieve stable returns and support long-term wealth building. This trend was also reflected in the Abu Dhabi Securities Market, where the market value of traded funds reached 33 billion dirhams by the end of 2025, an increase of nearly forty-fold compared to the same period in 2024.