Citi Appointed Custodian To Mirae Asset ETF Platform

Citi has been appointed by Mirae Asset to provide fund administration, custody and index receipt services for a new ETF platform in the U.S. under the Horizons brand.

The first ETF, the Horizons S&P 500 Covered Call ETF (“HSPX”) launched on June 24, and will be followed by a series of sector ETFs. Citi OpenInvestor offers custody, administration, index receipt agent, liquidity, as well as primary and secondary market trading to ETFs across multiple asset classes through Citigroup Global Markets.