Source ETF, the new joint venture between Goldman Sachs and Morgan Stanley, has received approval from the Irish Financial Regulator for the launch of 50 ETFs.

The ETFs will be launched under a UCITS umbrella fund called Source Markets plc, with Bank of Ireland as the custodian. No information is yet available on the listing date, the initial exchange of listing or fund fees.

The 50 ETFs approved as at 31 January have a strong equity bias, consisting of funds tracking a number of developed market country indices, pan-European broad, sector, dividend-weighted and capitalisation band indices, MSCI World, the FTSE EPRA Eurozone property index and a number of emerging market indices. Only one fixed-income ETF, tracking the EONIA money market index, is among the 50.

The ETFs tracking the DJ Euro Stoxx Small and Mid Cap indices, the RDX Russian Depositary Index, and the MSCI Mexico and BRIC indices, are due to be the first of their type in Europe.

The full list of approved ETFs is as follows:

• CAC source ETF
• DAX source ETF
• S&P/MIB source ETF
• SMI source ETF
• FTSE 100 source ETF
• FTSE 250 source ETF
• DJ STOXX 600 source ETF
• DJ EURO STOXX 50 source ETF
• MSCI Europe source ETF
• EPRA Eurozone source ETF
• DJ Euro STOXX Small Cap source ETF
• DJ Euro STOXX Mid Cap source ETF
• MSCI USA source ETF
• MSCI Japan source ETF
• MSCI Pacific ex Japan source ETF
• MSCI World source ETF
• MSCI Turkey source ETF
• MSCI Brazil source ETF
• RDX source ETF
• MSCI India source ETF
• MSCI China source ETF
• MSCI Mexico source ETF
• MSCI Emerging Markets source ETF
• CECE source ETF
• DJ STOXX 600 Banks source ETF
• DJ STOXX 600 Oil & Gas source ETF
• DJ STOXX 600 Basic Resources source ETF
• DJ STOXX 600 Technology source ETF
• DJ STOXX 600 Insurance source ETF
• DJ STOXX 600 Utilities source ETF
• DJ STOXX 600 Auto & Parts source ETF
• DJ STOXX 600 Chemicals source ETF
• DJ STOXX 600 Const & Materials source ETF
• DJ STOXX 600 Financial Services source ETF
• DJ STOXX 600 F&B source ETF
• DJ STOXX 600 Media source ETF
• DJ STOXX 600 Personal & Household Goods source ETF
• DJ STOXX 600 Retail source ETF
• DJ STOXX 600 Telecom source ETF
• DJ STOXX 600 Travel & Leisure source ETF
• DJ STOXX 600 Industrial Goods & Services source ETF
• DJ STOXX 600 Healthcare source ETF
• EONIA source ETF
• Dow Jones Industrial Average source ETF
• DJ STOXX 50 source ETF
• MDAX source ETF
• DJ EURO STOXX Select Dividend 30 source ETF
• MSCI BRIC source ETF
• MSCI North America source ETF
• Russell 2000 source ETF