UCITS Alternatives to TNS (Smartshares NZ Cash ETF)
TNS is a popular ETF listed on the NZ market. It tracks the S&P/NZX Bank Bills. Due to EU regulations (MiFID II/PRIIPs), European investors cannot directly purchase non-UCITS ETFs. We found 4 UCITS-compliant alternatives that provide similar market exposure.
UCITS Alternatives
4 found| ETF Name | ISIN | TER | AUM | Dist. | Replication |
|---|---|---|---|---|---|
| ExactXtrackers II EUR Overnight Rate Swap UCITS ETF 1D | LU0290358497 |
0.10% | €5.0B | Dist | Synthetic |
| ExactXtrackers II USD Overnight Rate Swap UCITS ETF 1D | LU0321465469 |
0.10% | €3.0B | Dist | Synthetic |
| ExactiShares EUR Cash UCITS ETF | IE00BYX5NX33 |
0.10% | €2.0B | Acc | Synthetic |
| CloseiShares USD Floating Rate Bond UCITS ETF USD (Acc) | IE00BF5GB717 |
0.10% | €800M | Acc | Physical |
About TNS
Where to Buy UCITS ETFs
FAQ
What does TNS track?
TNS (Smartshares NZ Cash ETF) is an ETF listed on NZ that tracks the S&P/NZX Bank Bills. It is one of the popular ETFs in its category.
Why can't I buy TNS in Europe?
Under EU MiFID II and PRIIPs regulations, brokers in the European Economic Area cannot sell ETFs that don't provide a Key Information Document (KID) in the local language. Most non-EU ETFs, including TNS, don't comply with these requirements.
What is the best UCITS alternative to TNS?
The closest UCITS alternative is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1D (LU0290358497). We identified 4 UCITS ETFs that offer similar exposure. Compare them in the table above to find the best fit.