ESGO

AuAg ESG Gold Mining UCITS ETF – Acc

Europe’s first ETF providing lower carbon gold exposure via the 25 best-in-class ESG gold mining companies.

Case for our Gold Mining ETF

Europes first gold mining ETF with an ESG conscious mandate

This is Europe’s first opportunity to access an ESG considerate gold mining ETF.

Tracks 25 best-in-class ESG risk companies in the sector

ESG screening excludes all but the 25 best-in-class ESG gold mining companies. The ESG risk score is provided by Sustainalytics, who have over 25 years’ experience producing ESG related research.

Equal weighting on index avoids concentration risks

Equal weighting helps avoid concentration risks typical of a market/liquid weighted index. The possible underweighting of dominant mega-companies may provide a beneficial return profile in a gold bull market.

Case for Gold Mining

Europes first gold mining ETF with an ESG conscious mandate

This is Europe’s first opportunity to access an ESG considerate gold mining ETF.

Tracks 25 best-in-class ESG risk companies in the sector

ESG screening excludes all but the 25 best-in-class ESG gold mining companies. The ESG risk score is provided by Sustainalytics, who have over 25 years’ experience producing ESG related research.

Equal weighting on index avoids concentration risks

Equal weighting helps avoid concentration risks typical of a market/liquid weighted index. The possible underweighting of dominant mega-companies may provide a beneficial return profile in a gold bull market.

As of 16.05.2024

Fund Objective

AuAg ESG Gold Mining UCITS ETF (ESGO) seeks to offer exposure to an equal-weighted basket of 25 ESG screened companies that are active in the gold mining industry. The gold mining ETF tracks the Solactive AuAg ESG Gold Mining Index which focuses on companies that have low ESG risk characteristics. The fund uses Sustainalytics to screen the mining universe for their ESG credentials, attributing a risk score based on their findings. Only the top 25 lowest ESG Risk companies are included within the index.

Key Information

Inception Date02/07/2021
Base currencyUSD
Net Assets of Fund$51,896,483
TER60 bps
Replication MethodPhysical
DomicileIreland
SFDR ClassificationArticle 8
ISINIE00BNTVVR89

Key Risks

Gold mining companies are highly dependent on the price of gold and may be adversely affected by a variety of worldwide economic, financial and political factors. The fund will be sensitive to changes in, and its performance will depend to a greater extent on, the overall condition of gold mining companies. Investments related to gold are considered speculative and are affected by a variety of factors. Investment risk may be concentrated in specific sectors, countries, currencies or companies. This means that the fund may be more sensitive to any localised economic, market, political or regulatory events. For a complete overview of all the risks, please refer to the “Risk Factors” in the Prospectus.

Fund Information

TickerESGO
Asset ClassEquities
Income TreatmentAccumulating
Rebalance FrequencyQuarterly

Net Asset Values

NAV$7.68
Net Assets of Fund$51,896,483
Shares Outstanding6,760,000
Issuer AUM$1,235,114,142

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes

Key Service Providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerVident Advisory, LLC
IssuerHANetf ICAV

Registrations

Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Mexico
Netherlands
Norway
Spain
Sweden
Switzerland
United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
LSEESGO LNESGO.LBMTR0P0$2021-07-07
LSEESGP LNHAESGP.LBMTR0V6£2021-07-07
XetraZSG0 GYZSG0.DEBL6KDH82021-07-15
Borsa ItalianaESGO IMESGO.MIBL6KDG72021-07-21
SIXESGO SEESGO.SBMX8D722022-03-01
BMVESGON MF-BMZQG97MX$2022-03-15
Euronext ParisESGO FPHAESGP.PABPG9NB72021-12-09
Exchange LSE
Ticker ESGO LN
RIC ESGO.L
SEDOL BMTR0P0
CCY $
Listing Date 2021-07-07
Exchange LSE
Ticker ESGP LN
RIC HAESGP.L
SEDOL BMTR0V6
CCY £
Listing Date 2021-07-07
Exchange Xetra
Ticker ZSG0 GY
RIC ZSG0.DE
SEDOL BL6KDH8
CCY
Listing Date 2021-07-15
Exchange Borsa Italiana
Ticker ESGO IM
RIC ESGO.MI
SEDOL BL6KDG7
CCY
Listing Date 2021-07-21
Exchange SIX
Ticker ESGO SE
RIC ESGO.S
SEDOL BMX8D72
CCY
Listing Date 2022-03-01
Exchange BMV
Ticker ESGON MF
RIC -
SEDOL BMZQG97
CCY MX$
Listing Date 2022-03-15
Exchange Euronext Paris
Ticker ESGO FP
RIC HAESGP.PA
SEDOL BPG9NB7
CCY
Listing Date 2021-12-09

Performance

ESGO (Fund)SOLESGON (Index)
1M5.52%5.66%
3M14.25%14.53%
6M13.00%13.41%
YTD0.05%0.32%
12M-7.39%-6.78%
3Y--
Since Inception (02/07/2021)-8.12%-6.51%

NAV

Source: HANetf, data as of 30.04.2024. Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Holdings As of 16.05.2024

No. of holdings: 25

NameWeight
KINROSS GOLD CORP COMMON4.65%
PAN AMERICAN SILVER CORP4.45%
FORTUNA SILVER MINES INC4.37%
SSR MINING INC COMMON4.22%
AGNICO EAGLE MINES LTD4.21%
WHEATON PRECIOUS METALS4.19%
MAG SILVER CORP COMMON4.18%
NEWMONT CORP COMMON STOCK4.09%
RAMELIUS RESOURCES LTD4.03%
CENTAMIN PLC COMMON STOCK4.02%

SectorWeight
Materials99.91%
Other0.07%

Methodology

Companies in the gold mining are screened for their ESG credentials and only the 25 lowest ESG risk companies are included in the index. Rebalanced quarterly.

Index Details

IndexSolactive AuAg ESG Gold Mining Index
Index CurrencyUSD
Index ProviderSolactive AG
Index TickerSOLESGON
Index Dividend Yield
(As of 30.04.2024)
2.29%

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Video

AuAg Funds founder and CEO Eric Strand speaks to Thomas Warner from Proactive London about future of the global economy, challenging the optimism surrounding a soft economic landing and expressing scepticism about the reduction in inflation rates.

About Partner

AuAg Funds is a boutique brand that creates investor-friendly financial concepts with a strong focus on precious metals and green-tech elements. AuAg Funds has two daily-traded UCITS funds, AuAg Silver Bullet and AuAg Precious Green.

Now AuAg Funds takes the next step – designing an index and adding the first Exchange Traded Fund to the family.

Video

Explore the latest video featuring Head of Research at HANetf Tom Bailey, discuss what makes the future of defence ETF unique, and how it ensures only companies within NATO and NATO+ states will be included.