VanEck Global Clean Energy ETF (CLNE)
Act on it |
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 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 Access to international equities via ASX Lower costs Diversification with a single trade 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 Transparency of holdings |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundCLNE 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 moneyAn 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.
|