BetaShares Climate Change Innovation ETF (ERTH)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/104337-2023-01-06-02:20.pdf |
FUND MANAGER | BetaShares Capital |
ASX Code | ERTH* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Fund invests in a portfolio of small company shares listed on the ASX. |
INVESTMENT PROFILE | The Fund aims to provide investors with capital growth and income and to outperform the Benchmark over the medium to long term (after fees and expenses). |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 11-03-2021 |
BENCHMARK | Nasdaq Future Australian Sustainability Leaders Index |
FUND SIZE | Nasdaq Future Australian Sustainability Leaders Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | Around 100 |
FEES | 0.65% p.a. |
STRUCTURE |
Benefits
Benefits | EXPOSURE TO AN INVESTMENT MEGATREND MAKE A DIFFERENCE ‘PURE’ EXPOSURE TO CLIMATE CHANGE THEMATIC BROAD RANGE OF CLIMATE INNOVATION, ESG SCREENS APPLIED |
RISK LEVEL | High |
INVESTOR SUITABILITY | ERTH provides exposure to a broad range of solutions, including clean energy, electric vehicles, energy efficiency technologies, sustainable food, water efficiency and pollution control. Companies with direct involvement in the fossil fuels industry (coal, oil and natural gas), and certain other negative activities are excluded. |
Risks
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Detail |
Key Features
ERTH aims to track the performance of an index (before fees and expenses) that comprises a portfolio of up to 100 leading global companies that derive at least 50% of their revenues from products and services that help to address climate change and other environmental problems through the reduction or avoidance of CO2 emissions. This covers clean energy providers, along with leading companies tackling green transport, waste management, sustainable product development, and improved energy efficiency and storage.
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Mandate
How we invest your moneyIn seeking to achieve the investment objective, the Responsible Entity will employ a passive management approach designed to track the performance of the Index, before fees and expenses. The Fund will generally invest in the securities that comprise the Index in proportion to the weightings of the securities in the Index. This is known as a "full replication strategy. As far as practicable, the timing and nature of any changes to the composition of the Fund's investments will generally correspond with the timing and nature of changes to the Index. In a variety of circumstances, however, the holdings of the Fund may not exactly replicate the Index. For example, it may not be possible or practical to do so in some circumstances, such as where investment restrictions apply which would prevent direct investment in a particular security. The Fund, from time to time, may not hold all of the securities comprising the Index and may hold securities in weightings which differ from the Index. Investors will be able to regularly compare the performance of the Fund against the performance of the Index via the BetaShares website at www.betashares.com.au. The Fund may hold exchange-traded derivatives contracts from time to time (e.g. futures contracts) and other investments that do not form part of the Index where this may help to achieve the Fund's investment objective. For example, exchange-traded derivatives may be used where direct investment in a particular security or securities is not possible or practical, or to obtain an investment exposure without physically buying or selling the underlying asset. Derivatives will only be used in limited circumstances and will not be used to leverage the Fund. As at the date of the PDS, the Responsible Entity does not intend to engage in securities lending in connection with the Fund, although it may do so in the future provided that any such change is notified in advance to investors and potential investors via a supplementary or new PDS accessible through the ASX Market Announcements Platform.
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