HANetf adds to Europe’s swelling cleantech pile
European white-labeller HANetf is teaming up again with research house Quirko to list a new cleantech ETF into London’s rapidly crowding cleantech market.
The Cleaner Living ESG-S UCITS ETF (DTOX), will track a purpose-built index called the Tematica Bita Cleaner Living Sustainability Screened index. It will invest in companies that derive 80% of their revenue from the “Cleaner Living Sector”.
This sector is defined in a free-wheeling and a priori way. It includes: low-carbon buildings, renewable energy, food tech and healthier fast food, “cleaner health and beauty” and clean transport. (Which means electric car makers like Tesla, NIO, BYD, etc).
The fund is equally weighted and holds 70-odd stocks. The current top holdings are Chipotle Mexica Grill, Alkaline Water, Kura Sushi and Enphase Energy.
It charges 0.59%.
Europe
UBS global small cap ESG
UBS is listing a global small cap ESG ETF on all major European exchanges.
The UBS ETF MSCI World Small Cap Socially Responsible UCITS ETF (WSCR) tracks the MSCI World Small Cap SRI Low Carbon Select 5% Issuer Capped Index.
The index excludes the compulsory corporate bad guys in fossil fuels, porn, gambling, weapons. And then applies a positive screen that takes only the top 25% of stocks within each sector of the MSCI World Small Cap index based on ESG scores.
The fund charges 0.23%.