Case for our Solar ETF

Europes first pure-play solar ETF

The solar ETF is Europe’s first ETF to offer pure-play exposure to the rapidly growing global solar industry. (According
to HANetf research using ETF Database)

Europe’s lowest cost solar ETF

With a TER of 49 bps, TANN is Europe’s lowest cost solar energy ETF.

Rapidly growing megatrend

Solar is the fastest-growing source of new energy capacity, with Bloomberg NEF forecasting $4.2 trillion of investment through 2050. By 2040, solar expected to be largest source of electricity globally.

As of 10.04.2024

Fund Objective

Solar Energy UCITS ETF (TANN) seeks to offer pure-play exposure to the rapidly growing global solar industry.

The solar ETF tracks the EQM Global Solar Energy Index (SOLARNTR), which is focused on companies that derive significant revenue from solar energy-related business operations including manufacturing of photovoltaic, solar cells, and systems; producers of solar power generation, equipment, and components; providers of solar power system installation, development, and financing; and/or manufacturing of solar-powered charging and energy storage systems.

Key Information

Inception Date04/06/2021
Base currencyUSD
Net Assets of Fund$6,724,436
TER49 bps
Replication MethodPhysical
DomicileIreland
SFDR ClassificationArticle 8
ISINIE00BMFNWC33

Key Risks

The value of underlying securities can be affected by daily financial market movements. Other influential factors include political, economic news, company earnings and significant corporate events. The solar energy sector may be significantly affected by fluctuations in energy prices and supply and demand of alternative energy fuels, energy conservation, the success of exploration projects, tax incentives, subsidies and other government regulations and policies. Please remember that the value of your investment may go down as well as up and your capital is at risk. Please see KIID for full details.

Fund Information

TickerTANN
Asset ClassEquities
Income TreatmentAccumulating
Rebalance FrequencyQuarterly

Net Asset Values

NAV$4.51
Net Assets of Fund$6,724,436
Shares Outstanding1,490,000
Issuer AUM$1,131,410,551

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
LSETANN LNTANN.LBMTR168$2021-06-09
LSETANP LNTANP.LBMTR1D5£2021-06-09
XetraTANN GYTANNG.DEBL6KDT02021-06-17
Borsa ItalianaTANN IMTANN.MIBL6KDR82021-06-21
SIXTANN SETANN.SBMX8D272022-03-01
BMVTANNN MF-BMZQGF3MX$2022-03-15
Euronext ParisTANN FPTANP.PABPG9N402021-12-09
Exchange LSE
Ticker TANN LN
RIC TANN.L
SEDOL BMTR168
CCY $
Listing Date 2021-06-09
Exchange LSE
Ticker TANP LN
RIC TANP.L
SEDOL BMTR1D5
CCY £
Listing Date 2021-06-09
Exchange Xetra
Ticker TANN GY
RIC TANNG.DE
SEDOL BL6KDT0
CCY
Listing Date 2021-06-17
Exchange Borsa Italiana
Ticker TANN IM
RIC TANN.MI
SEDOL BL6KDR8
CCY
Listing Date 2021-06-21
Exchange SIX
Ticker TANN SE
RIC TANN.S
SEDOL BMX8D27
CCY
Listing Date 2022-03-01
Exchange BMV
Ticker TANNN MF
RIC -
SEDOL BMZQGF3
CCY MX$
Listing Date 2022-03-15
Exchange Euronext Paris
Ticker TANN FP
RIC TANP.PA
SEDOL BPG9N40
CCY
Listing Date 2021-12-09

Returns

TANN (Fund)SOLARNTR (Index)
1M2.69%3.33%
3M-14.90%-14.28%
6M-10.28%-9.54%
YTD-14.90%-14.28%
12M-34.18%-33.51%
3Y--48.14%
Since Inception (04/06/2021)-40.31%-38.53%

Performance chart

NAV

Source: HANetf, data as of 31.03.2024. 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 10.04.2024

No. of holdings: 37

NameWeight
XINYI SOLAR HOLDINGS LTD5.22%
FLAT GLASS GROUP CO LTD4.36%
SOLAR APPLIED MATERIALS4.17%
ENCAVIS AG COMMON STOCK3.93%
FIRST SOLAR INC COMMON3.81%
NEXTRACKER INC COMMON3.71%
HANNON ARMSTRONG3.62%
ENPHASE ENERGY INC COMMON3.51%
SMA SOLAR TECHNOLOGY AG3.37%
XINTE ENERGY CO LTD3.34%

SectorWeight
Energy61.51%
Utilities18.09%
Materials7.27%
Industrials7.03%
Real Estate3.62%
Technology1.72%
Consumer Discretionary1.25%

Methodology

Companies must derive significant revenue from solar energy related business operations, and are also ESG-screened. Rebalanced quarterly.

Index Details

IndexEQM Global Solar Energy Index
Index CurrencyUSD
Index ProviderSolactive AG
Index TickerSOLARNTR
Index Dividend Yield
(As of 31.03.2024)
1.42%

Knowledge hub

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

About Partner

EQM Indexes LLC is a U.S.-based, woman-owned firm dedicated to creating and supporting innovative indexes that thematic growth opportunities and emerging investment themes. Co-founded by Jane Edmondson, a former Institutional Portfolio Manager with nearly 30 years in the investment industry, the firm’s index design expertise spans a wide range of asset classes and financial instruments.

EQM Indexes has developed and licensed innovative index product solutions in the following categories: Global and International Online Retail, Blockchain, Global Cannabis, Lithium & Battery Technology, Junior Gold Miners, Risk Parity, and Social Justice.