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VanEck Global Clean Energy ETF (CLNE)

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Clean Energy Back to Black

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/104335-2023-09-15-03:41.pdf
FUND MANAGER VanEck Investments
ASX Code CLNE*
APIR
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE

CLNE gives investors a diversified portfolio of 30 of the largest and most liquid companies involved in clean energy production and associated technology and equipment globally.

INVESTMENT PROFILE

 CLNE aims to provide investment returns before fees and other costs which track the performance of the Index.  

CURRENCY MANAGEMENT Hedged
INCEPTION DATE 08-03-2021
BENCHMARK S&P Global Clean Energy Index
FUND SIZE S&P Global Clean Energy Index
DISTRIBUTION FREQUENCY Annually
NO. OF HOLDINGS 30
FEES 0.65% p.a.
STRUCTURE

Benefits

Benefits

Reference Index strategy
In a single trade on ASX, each Fund gives investors  a diversified portfolio of international companies, selected according to its Reference Index.

Exchange Traded Funds
Each Fund is an ETF. ETFs provide investors with the best attributes of both managed funds and listed shares. When you invest in a Fund, you gain access to a portfolio of investments, constructed using professional skills and knowledge that you may not have access to if you invest on your own.

ETFs can be easily traded on ASX like listed shares, with live pricing throughout the ASX Trading Day. The difference between a single trade in ETF Units and company shares is that when you buy ETF Units you acquire exposure to the performance of an entire portfolio of securities not just a single company, saving you money and time. ETFs also provide potential advantages to
investors including low costs and full daily transparency of the underlying portfolio holdings.

Access to international equities via ASX
Investing directly in international shares is difficult for most investors. Each Fund provides simple access to a portfolio of international shares via an Australian ETF which simplifies your administration and reporting, and eliminates foreign paperwork. Investors also benefit from the other advantages of trading on ASX, including the ability to transact during Australian market hours and settle payments in Australian dollars (‘AUD’).

Lower costs
Since ETFs track an index, they are typically able to achieve lower operating costs. As a result they charge management costs which are generally lower than those of equivalent unlisted actively managed funds. As is the case when trading shares, Broker fees will also apply when buying or selling ETF Units on ASX.

Diversification with a single trade
The Funds provide you with a simple way to access a diversified portfolio of listed international shares via a single trade on ASX.

Liquidity 

You can buy and sell ETF Units on ASX. Liquidity in each Fund is facilitated by a Market Maker. The Market Maker’s role is to match buy and sell orders for ETF Units from ASX Investors.

Flexibility of trading on exchange
As the ETF Units are quoted on ASX, you have the flexibility to trade the ETF Units in each Fund throughout the day, like trading shares. You can even buy and sell on the same day (intraday
trading).

Transparency of holdings
Each Fund provides investors with transparency in respect of portfolio holdings. Each Fund’s portfolio holdings will be published daily.

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

CLNE gives investors a diversified portfolio of 30 of the largest and most liquid companies involved in clean energy production and associated technology and equipment globally. CLNE aims to provide investment returns before fees and other costs which track the performance of the Index.

The S&P Global Clean Energy Index measures the performance of 30 of the largest and most liquid companies with businesses related to global clean energy production, technology and equipment, from both developed and emerging markets.

 

Mandate

How we invest your money

An ETF is an open-ended fund that aims to track the performance, before fees and other costs, of a financial market index by investing in a portfolio of securities that constitute the index. Units in an ETF are traded on ASX. As such, a single trade in an ETF on ASX gives investors easy and cost effective access to a diversified portfolio of securities held by the ETF.