Moomoo Australia signs exclusive partnership with ETF issuer GraniteShares

GraniteShares is the fastest-growing ETF issuer with more than US$10 billion in assets
Its offers are tailored exposure to commodity and single-stock funds
The partnership will provide Moomoo users access to daily movements of the world’s biggest companies

Special Report: Moomoo Australia and GraniteShares have joined forces to give Australian investors direct access to specialist ETFs based on some of the world’s biggest and most innovative companies.

The official partnership positions moomoo as GraniteShares’s exclusive cooperating broker in Australia, offering moomoo users tailored exposures to the hottest themes in the market.

The partnership will also include GraniteShares distributing exclusive market analysis and other content through the moomoo platform.

Direct investment in funds featuring world-leading tech stocks

Moomoo Australia chief commercial officer Michael McCarthy said the partnership is an incredible opportunity for the platform’s users.

“Moomoo is always looking to make sure our customers have access to the newest and most popular securities, and GraniteShares most certainly fits that bill,” McCarthy said.

“We are delighted to have signed this partnership with GraniteShares to give moomoo users direct access to its innovative portfolio of ETFs, including exciting single-stock funds that offer exposure to the daily movement of companies including Apple, Nvidia, Amazon and Tesla.

“Moomoo prides itself on continually innovating the suite of services we offer to our customers, such as AI optimisation for easier trading with dedicated support.

“The GraniteShares partnership is another example of this innovative approach to ensure moomoo users are ahead of the game.”

GraniteShares assets top US$10 billion

GraniteShares has enjoyed phenomenal growth, with its assets under management now surpassing US$10 billion, a near doubling in six months.

It was the first issuer of a single-stock ETF in the United States, in August 2022, and it now offers 19 short and leveraged ETFs.

GraniteShares chief executive officer Will Rhind said moomoo was the obvious choice for this kind of partnership.

“As an entrepreneurial ETF provider that delivers innovative, cutting-edge alternative investment solutions, we are always looking for new ways to offer better investment options to our clients,” Rhind said.

“We set out to disrupt the ETF marketplace and prove that innovation does not need to be expensive, at the same time as providing enhanced transparency and insights for a better trading experience.”

Low-cost options for high-conviction investors

Will Rhind said GraniteShares ETFs offer a range of options.

“Our single-stock ETFs are designed to give investors short or leveraged exposure to the daily price movement in underlying stocks listed on US regulated exchanges,” he noted.

“They deliver long or short exposure of the daily underlying based on the leverage factor of the underlying stock daily price move.

“Whether investors are looking for commodities such as gold or platinum, seeking exposure to market-leading businesses such as Microsoft, Meta or Uber, or a diversified ETF focused on income, GraniteShares can help.

“Our focus is on bringing truly innovative products to the ETF market, based on a combination of the three tenets of our product philosophy: great ideas, better structures, and low cost.

“We see moomoo as a kindred spirit in that regard, because it is also pushing the boundaries to give investors better and more affordable access to a broader range of investment opportunities.

“We look forward to working with moomoo Australia over many years to come.”

This article was developed in collaboration with moomoo Australia, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.