ELEC ETF invests in companies that do infrastructure

The Ucits Electric Vehicle Charging ETF (ELEC ETF) is the world’s first ETF that provides pure exposure to electric vehicle charging infrastructure companies, thus giving investors an opportunity to participate in the growth of the electric vehicle ecosystem.

UCITS ETF . Electric Vehicle Charging Infrastructure Aims to capture the direction of moving to electric vehicle (EV) Giving investors a specific opportunity to gain exposure to infrastructure in order to electric car charging. The topic is closely related to the electric car industry, but so far it has not received as much investor attention as electric car manufacturers.

The fund provides an opportunity to learn about two industries important to the emerging electric vehicle ecosystem in terms of covering both charging infrastructure and battery technology: manufacturing of battery charging equipment and electric vehicle charging stations.

HANetf UCITS ETF Acc . Electric Vehicle Charging Infrastructure Description

HANetf Electric Vehicle Charging Infrastructure UCITS ETF Acc Invests in stocks with a focus on navigating the future, social/environmental, world. Dividends are reinvested in the fund (accumulated).

The total cost ratio is 0.65% per annum. The fund replicates the result of the underlying index by buying all the components of the index (full iteration). HANetf Electric Vehicle Charging Infrastructure UCITS ETF Acc It is a very small ETF with €1 million of assets under management. The ELECTRIC ETF is less than one year old and is based in Ireland.

Why invest in an ELECTRIC CARE ETF?

The growth of the electric car industry: The electric car industry is a fast growing industry. The proportion of electric vehicles in new registrations continues to increase due to incentives and legislation aimed at achieving net zero CO2 emissions targets. The charging infrastructure needed to keep this surge of electric vehicles on the road has yet to be expanded, and as a result, this prospect has been largely ignored by investors until now.

Policy for the advancement of the electric car industry: Policymakers are also turning their attention to the infrastructure behind the electric car and have promised significant investments in expanding charging infrastructure globally. In the United States, Joe Biden’s $1 trillion infrastructure package includes a $7.5 billion budget that aims to build 500,000 electric vehicle charging stations by 2030. (Source: President Bidens’ Bipartisan Infrastructure Act – White House)

Infrastructure development for electric vehicles: According to the European Parliament’s estimate of the Alternative Fuel Infrastructure Directive, every tenth electric vehicle will need a publicly accessible charging point. Currently, 80% of electric vehicle owners in the United States have their own chargers at home, as chargers are relatively easy to install in garages for detached or semi-detached homes. (Source: European Court of Auditors: Special Report on Infrastructure for Charging Electric Vehicles, 2021)

investment strategy

The Solactive Electric Vehicle Charging Infrastructure Index tracks companies around the world that are active in charging electric vehicle infrastructure.

Trading ETF ELEC

HANetf Electric Vehicle Charging Infrastructure UCITS ETF Acc (ELEC ETF) It is a European exchange-traded fund. This fund is traded on many different exchanges, such as Borsa Italiana, Deutsche Boerse Xetra and the London Stock Exchange. For this reason, different acronyms appear on the same ETF.

This means that it is possible to trade units in this ETF through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.

menus

exchange Currency short name
Italian Stock Exchange euro Electrician
London Stock Exchange GBX ELEP
London Stock Exchange American dollar Electrician
XETRA euro Electrician

biggest possession

Guarantees Weight%
ChargePoint Holdings Inc 19.87%
EVgo . company 17.66%
Blink Shipping Company 14.88%
global beam 12.21%
Wallbox NV 8.40%
Zaptec AS / Norway 7.52%
Abro Ltd. 6.77%
Compleo Charging Solutions AG 3.46%
Ctek AB 3.46%
Fastned BV 2.92%

Collectibles may change

Leave a Reply

Your email address will not be published. Required fields are marked *