Published Date: April 26, 2024
Author: HANetf
The Sprott Energy Transition Materials UCITS ETF rose 9.97% in March. Global central banks—including the Swiss National Bank, the Bank of England, the U.S. Federal Reserve (Fed), the European Central Bank and the People’s Bank of China—have recently taken a dovish stance, either reducing interest rates or indicating imminent cuts. This pivot marks the most significant wave of monetary easing since the COVID-19 crisis, as over 50 rate cuts were announced globally in the last three months. The shift signals a broader adoption of policies aimed at stimulating economic growth as concerns over inflation diminish, especially from the Fed, paving the way for more rate cuts and looser financial conditions.
As a result, there has been a recovery in commodities and cyclical sectors like mining and energy. This expansion is expected to support the entire energy transition sector, which is now positioned more favorably than it has been for two years. Several contributing factors have set a promising macroeconomic backdrop for the energy transition group, including: 1) the resurgence of the global reflation trade, signaling a bullish outlook for commodities and cyclical sectors as central banks initiate an easing cycle; 2) uranium nearing the end of its initial correction phase and gearing up for its next expected rise; 3) an overall broadening of market breadth and risk-taking; 4) improved economic data from China; and 5) energy transition equities approaching the conclusion of its two-year consolidation phase.
The broad market has been moving higher as the Fed maintains its outlook for three rate cuts in 2024, the economic growth outlook improves, inflation (though bumpy) keeps tracking lower, and the U.S. Treasury continues to place more bond issuance into the short end of the yield curve. In equities, the growth outlook for artificial intelligence has sparked higher earnings revisions, while financial conditions remain highly accommodative, allowing ample scope for expansion in price multiples. The prospect of a soft landing, moderating inflation, accommodative central banks, ample system liquidity, the secular AI growth engine and easy financial conditions have fueled this “everything rally.”
The lithium carbonate spot price rose by almost 15% in the first half of March before retreating, ending the month up 5.35%, making its overall year-to-date rally 9.46%. Lithium has begun recovering as its precipitous decline from previous unsustainable highs appears to have ended.
However, even with lithium’s recent increase, the current price remains below a sustainable level and will need to rise to incentivize supply in the longer term. In the meantime, the lithium supply is shrinking, with project curtailments and cuts to lithium growth plans likely to exacerbate significant supply deficits anticipated later this decade. Chinese supply has become susceptible to disruption. Much of China’s lower-grade and higher-cost source of lithium, lepidolite, is no longer economical. Further, China’s recent environmental probe in a top production hub may spur further disruptions.
Bloomberg reports that, as a result of these factors, “UBS Group AG and Goldman Sachs Group Inc. have trimmed their 2024 supply estimates by 33% and 26%, respectively, while Morgan Stanley warned about the growing risk of lower inventories in China.” Given the thinning market, investors with short positions may need to consider unwinding positions due to a potential market bottoming. There are significant short positions in several top lithium producers which, due to these supply cuts, may be under threat. Short positions in Albemarle Corp. and Pilbara Minerals Ltd., for example, account for more than 20% of their outstanding shares.
Demand for electric vehicles (EVs) continues to increase, additionally bolstered by a stringent new rule in the U.S. that further limits auto emissions, thus compelling automakers to rapidly boost EV sales. There is no real alternative for lithium in EVs. Despite a perceived slowdown, global EV sales increased from 10.5 million in 2022 to 14 million in 2023 and are forecast to increase to 16.7 million in 2024. Ultimately, we believe EV penetration rates will continue to rise, potentially increasing demand for lithium and benefitting lithium miners.
National interests in the lithium market continue to develop. The industry is being transformed by the growing importance of reshoring and friendshoring, as well as new industrial policies and fresh investment. Lithium Americas received a record $2.26 billion loan from the U.S. Department of Energy to develop a Nevada lithium deposit. It came in the wake of General Motors’ $650 million equity investment in Lithium Americas, the largest investment by an automaker in a raw materials producer disclosed to date. The loan and investment together give Lithium Americas most of the capital it needs to fund an initial 40,000 tonnes per year of battery-grade lithium carbonate production (Phase 1) at its Thacker Pass mine in Nevada. The investment gives GM exclusive rights to 100% of Lithium Americas’ lithium production from Phase 1 for up to 15 years, and a right of first offer on Phase 2 production.
Similarly, in March, Australian producer Liontown Resources secured a A$550 million loan from Australian banks and government agencies as it aims to begin production this year.
These loans represent a substantial step in strengthening various countries’ critical materials supply chains, and we expect the trend to continue to bolster critical mineral miners.
The nickel spot price fell -6.23% in March to end the month at $7.52 per pound. Nickel miner stocks fared better over the same period, gaining 3.07%. Nickel fell after Indonesia, the world’s largest nickel producer, announced that it is expediting approvals of production quotas known as RKABs (work plan and budget approvals). Nickel supply has increased rapidly in recent years, with Indonesia producing 1.8 million metric tons in 2023 compared to 760,000 in 2020. Indonesia now accounts for half of global supply, and some estimates predict that the country will produce more than 75% of global supply during the 2022–2029 period. The winner of the recent Indonesia election, Prabowo Subianto, has publicly stated that he will continue the resource nationalism policies of his predecessor, Joko Widodo. These policies aim to turn Indonesia into a global nickel powerhouse to meet the growing demand from the EV battery and stainless-steel industries.
Several European car makers are in the process of establishing EV plants in Indonesia, including Citroen, Renault and Volkswagen, following in the footsteps of Chinese automakers. Both China and Europe view Indonesia as a production base for EVs, particularly entry-level cars. China continues to dominate investment in Indonesia’s EV industry, led by companies like BYD, Wuling, Chery and Great Wall Motors.
Like lithium, closures of higher-cost mines, most recently in New Caledonia, are reducing the current nickel surplus that resulted from increased low-cost Indonesian production. In a move to bail out its nickel industry, the French government approved a $152 million bridge loan to nickel miner Prony Resources in New Caledonia, which has suffered because of the fall in nickel prices and the boom in Indonesian nickel production. New Caledonia continues to struggle with low-cost output from Indonesia but has long been a major source of nickel production.
Despite the current supply glut, nickel’s long-term fundamentals are strong. Significant amounts of nickel will be needed in future years for companies and governments to reach net-zero emissions targets. Many big economies, including Australia, have listed nickel as a critical mineral. Stricter emission mandates are also helping to boost the nickel industry, particularly in the U.S., where the Environmental Protection Agency is imposing mandates that could require nearly two-thirds of new cars and light trucks sold to be EVs by 2032. As with copper and other commodities, we believe moves by global central banks to reduce interest rates will also support the nickel market, given that lower rates generally lessen the cost of carrying inventories, and thus provide support for nickel prices.
The copper spot price rose 4.34% to $3.98 per pound in March, breaking through the twin barriers of $4 per pound and $9,000 per metric ton during the month. Copper miner stocks provided additional leverage by rising 17.99%, while shares of copper juniors went up by 18.22%.
In previous months, copper had been holding steady due to a tug-of-war between strong fundamentals and mixed economic data. In March, the stars aligned for the copper market, as continued positive supply-demand developments coincided with strong economic data. In the U.S., moderating inflation expectations boosted market sentiment when the Fed indicated it was still forecasting three interest rate cuts by the end of the year. Central banks have largely been synchronized in this supportive monetary policy, as indicated by the 50-plus rate cuts announced globally in the last three months.
Copper has benefited from this easing cycle since easier conditions for economic growth correlate with greater demand for copper. “Dr. Copper” is an economic bellwether used in numerous areas of the economy such as construction, electronics and transport. The growth impetus could be seen, for example, in the Global Purchasing Managers’ Index (PMI) which reached 52.3 in March, a nine-month high. (Readings higher than 50 indicate economic expansion.)
With the improvement in business cycle conditions, copper may be set up for continued success for several reasons. For one, it has historically performed best in expansionary economic phases. Further, interest rate cuts in a non-recessionary environment have typically led to higher commodity prices. Copper is uniquely predisposed to these conditions and is currently the best-performing commodity featured in the analysis below. Notably, copper mining stocks have also provided further leverage to increases in the copper spot price. Historically, there is a very strong correlation of 0.88 between copper mining stocks and the copper spot price, and mining stocks have typically almost doubled moves in the spot price as measured by a beta of 1.8.
Elsewhere, treatment charges to turn copper concentrate into refined metal have plummeted in 2024. Treatment charges are the fees smelters charge miners, and a lower fee means a smaller margin for the smelter and a tighter mine supply. They have now fallen below $10 per metric ton, far below the previous $80 to $100 level.
As these fees have collapsed, smelters’ profitability has fallen to such an extent that the Chinese smelters held a crisis meeting in March in which they agreed to curtail production. Though no aggregate limits were specifically set, they pledged to re-arrange maintenance work, reduce utilization rates, and delay the start of new projects. Further, smelters are also buying more copper scrap instead of concentrate, causing the copper scrap discount to shrink. Following the meeting, Bloomberg reported that Chinese smelters were proposing a 5% to 10% production cut.
Treatment charges are at the lowest levels in a decade, but they have been this low before. The last three times treatment charges fell below $30, copper prices rose 20%, 11% and 24% in the following three months. Notably, China produces half of the world’s refined copper, and any reduction in refined copper supply can potentially lead to a supply squeeze. Going forward, we believe China’s continued investment in the midstream will drive growth in copper smelter production to outpace increases in global copper mine supply.
Chinese copper smelters are not the only ones struggling. Smelters in Zambia are also being disrupted as the country is in the midst of an El Niño-induced power crisis and has been rationing electricity. These disruptions come at a time when the copper market has already been pushed into a supply-demand deficit. Recent months have seen the closure of the Cobre Panama mine (which represented around 1.5% of global copper production) and copper production cuts from Anglo American. Meanwhile Codelco, the largest copper miner in the world, is producing at its lowest level in 25 years and further having to suspend mine operations in March at its Radomiro Tomic mine, the world’s twelfth-largest copper mine.
We believe that the copper market is entering a period of escalating deficits as constrained supply meets rising demand from increased electricity usage among developing countries and developed countries’ immense electricity needs for new technologies like AI. Further, we believe this will benefit the copper spot price and, ultimately, copper miners.
Source of all performance data: Bloomberg / HANetf as of 31.03.2024. All performance figures are showing net data. Past performance is not indicative of future performance and when you invest in ETFs your capital is at risk.
We believe the post-pandemic era marks the beginning of a new supercycle for commodities, especially for the critical minerals covered in this report. The clean energy transition is just one trend driving demand higher. Geopolitical tensions and conflict are prompting global powers to reshore their supply chains and production to ensure industrial security—an about-face after many decades of offshoring.
These trends are commodity- and capital-intensive, creating a demand shock for commodities. They are also inflationary in nature. We expect a steady increase in demand to drive commodities in the medium term. Meanwhile, the commodity demand shock is colliding with a supply situation that is woefully inadequate. Miners and production facilities have faced a decade of underinvestment caused by the low commodity prices that prevailed during an era of record-low interest rates and the long lead times required—often a decade or longer— to bring new production online. Sanctions on Russia, the world’s largest producers of many commodities, only aggravate the situation—while also fanning the flames of rising “resource nationalism.”
The commodity supercycles of the past arose from varied conditions. In the 1970s, an energy supply shock drove the distress, rooted in OPEC embargoes. In the early 2000s, it was demand shock from an aggressively growing China that underpinned commodity inflation. The emerging supercycle has both supply and demand shocks, prompting heated global competition to secure commodities.
Please remember that when you invest in ETFs, your capital is at risk.
Energy Transition Materials ETF Performance As of 31/03/2024
Please note that all performance figures are showing net data. Source: Bloomberg / HANetf. Data as of 31/03/2024
Performance before inception is based on back-tested data. Backtesting 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. When you invest in ETFs and ETCs, your capital is at risk.
Active Global Equity Shariah ETF Report | September 2026
September 2026
Future of Defence Report | September 2026
Drone ETF Report | September 2026
Making Europe Great Again ETF | September 2026
Silver ETF Report | September 2026
Ukraine Reconstruction ETF Report | September 2026
Emerging Markets ETF & India Internet ETF Report | August 2026
Copper Miners ETF Report | August 2026
Future of Defence Report | August 2026
Drone ETF Report | August 2026
Gold Miners Screened ETF Report | August 2026
Making Europe Great Again ETF | August 2026
Midstream Energy Dividend ETF Report | August 2026
Ukraine Reconstruction ETF Report | August 2026
Silver ETF Report | August 2026
Active Global Equity Shariah ETF Report | August 2026
August 2026
Uranium Miners Monthly Report | August 2026
Tech Megatrends ETF Report | August 2026
Active Global Equity Shariah ETF Report | July 2026
Tech Megatrends ETF Report | July 2026
Canadian Enhanced Income ETF Quarterly Report | July 2026
Preferred Income Quarterly Report | July 2026
Silver ETF Report | July 2026
Active U.S Bond Quarterly Report | July 2026
July 2026
Healthcare ETF Quarterly Report | July 2026
Uranium Miners Monthly Report | July 2026
Ukraine Reconstruction ETF Report | July 2026
Total Return Income ETF Quarterly Report | July 2026
Midstream Energy Dividend ETF Report | July 2026
Making Europe Great Again ETF | July 2026
Gold Miners Screened ETF Report | July 2026
Cat Bond Quarterly Report | July 2026
Future of Defence Report | July 2026
Active U.S Bond Monthly Report | July 2026
Tech Megatrends ETF Report | June 2026
June 2026
Active Global Equity Shariah ETF Report | June 2026
Ukraine Reconstruction ETF Report | June 2026
Midstream Energy Dividend ETF Report | June 2026
Drone ETF Report | June 2026
Making Europe Great Again ETF Report | June 2026
Future of Defence Report | June 2026
Gold Miners Screened ETF Report | June 2026
Gold Miners Screened ETF | May 2026
May 2026
Tech Megatrends ETF Report | May 2026
Active Global Equity Shariah ETF Report | May 2026
Copper Miners ETF Report | May 2026
Future of Defence Report | May 2026
Drone ETF Report | May 2026
Making Europe Great Again ETF | May 2026
Midstream Energy Dividend ETF Report | May 2026
Ukraine Reconstruction ETF Report | May 2026
Total Return Income ETF Quarterly Report | April 2026
April 2026
Tech Megatrends ETF Report | April 2026
Focused Equity Quarterly Report | April 2026
Cat Bond Quarterly Report | April 2026
Gold Miners ETF Report | April 2026
Making Europe Great Again ETF | April 2026
Midstream Energy Dividend ETF Report | April 2026
REX Covered Call Report | April 2026
Defence ETF Report | April 2026
Active U.S. Bond Quarterly Report | March 2026
Middlefield Canadian Enhances Income ETF Quarterly Report | May 2026
Health Care ETF Quarterly Report | April 2026
Tech Megatrends ETF Report | March 2026
March 2026
Active Global Equity Shariah ETF Report | March 2026
Travel ETF Quarterly Report | March 2026
Tech Megatrends ETF Report | February 2026
February 2026
Midstream Energy Dividend ETF Report | February 2026
Uranium Miners ETF Report | February 2026
Make Europe Great Again ETF Report | February 2026
Gold Miners Screened ETF | February 2026
Defence ETF Report | February 2026
Midstream Energy Dividend ETF Report | January 2026
January 2026
Future of Defence Report | January 2026
Copper Miners ETF Report | January 2026
ESGO Gold Miners Screened ETF Report | January 2026
Tech Megatrends ETF Report | January 2026
Middlefield Enhanced Income ETF Quarterly Report | January 2026
Preferred Income Quarterly Report | January 2026
Active U.S. Bond Quarterly Report | January 2026
Total Return Income ETF Quarterly Report | January 2026
Active Global Equity Shariah ETF Report | January 2026
Making Europe Great Again ETF Report | January 2026
Midstream Energy Dividend ETF Report | November 2025
November 2025
Tech Megatrends ETF Report | November 2025
Emerging Markets ETF & India Internet ETF Report | November 2025
EU Carbon Market Monthly Report | November 2025
Travel ETF Quarterly Report | October 2025
October 2025
Active U.S. Bond Quarterly Report | October 2025
Active Global Equity Shariah ETF Report | October 2025
Future of Defence Report | October 2025
EU Carbon Market Monthly Report | October 2025
Health Care ETF Quarterly Report | October 2025
Uranium Miners ETF Report | October 2025
Midstream Energy Dividend ETF Report | October 2025
Tech Megatrends ETF Report | October 2025
Copper Miners ETF Monthly Report | October 2025
Active Global Equity Shariah ETF Report | September 2025
September 2025
EU Carbon Market Monthly Report | September 2025
Emerging Markets ETF & India Internet ETF Report | September 2025
Tech Megatrends ETF Report | September 2025
Midstream Energy Dividend ETF Report | September 2025
Future of Defence Report | September 2025
Crypto Magnified – The leverage update
Tech Megatrends ETF Report | August 2025
August 2025
Emerging Markets ETF & India Internet ETF Report | August 2025
Midstream Energy Dividend ETF Report | August 2025
Active Global Equity Shariah ETF Report | August 2025
Active Global Equity Shariah ETF Report | July 2025
July 2025
Tech Megatrends ETF Report | July 2025
Active U.S. Bond Quarterly Report | July 2025
Uranium Miners ETF Report | July 2025
Midstream Energy Dividend ETF Report | July 2025
Future of Defence Report | July 2025
Travel ETF Quarterly Report | July 2025
Health Care ETF Quarterly Report | July 2025
EU Carbon Market Monthly Report | July 2025
Emerging Markets ETF & India Internet ETF Report | July 2025
Tech Megatrends ETF Report | June 2025
June 2025
Emerging Markets ETF & India Internet ETF Report | June 2025
EU Carbon Market Monthly Report | June 2025
Active Global Equity Shariah ETF Report | June 2025
Midstream Energy Dividend ETF Report | June 2025
Future of Defence Report | June 2025
Uranium Miners ETF Report | June 2025
Copper Monthly Report | June 2025
Active Global Equity Shariah ETF Report | May 2025
May 2025
Midstream Energy Dividend ETF Report | May 2025
Uranium Miners ETF Report | May 2025
Travel ETF Report | May 2025
Emerging Markets ETF & India Internet ETF Report | May 2025
EU Carbon Market Monthly Report | May 2025
Future of Defence Report | May 2025
Tech Megatrends ETF Report | May 2025
Active Global Equity Shariah ETF Report | April 2025
April 2025
ESG Copper Miners ETF Report | April 2025
Tech Megatrends ETF Report | April 2025
Midstream Energy Dividend ETF Report | April 2025
Future of Defence Report | April 2025
Active U.S. Bond Quarterly Report | April 2025
Uranium Miners ETF Report | April 2025
Health Care ETF Quarterly Report | April 2025
Emerging Markets ETF & India Internet ETF Report | April 2025
EU Carbon Market Monthly Report | April 2025
Travel ETF Report | April 2025
Midstream Energy Dividend ETF Report | March 2025
March 2025
Copper Monthly Report | March 2025
Active Global Equity Shariah ETF Report | March 2025
Future of Defence ETF Report | March 2025
Travel ETF Report | March 2025
Uranium Miners ETF Report | March 2025
Emerging Markets ETF & India Internet ETF Report | March 2025
Tech Megatrends ETF Report | March 2025
Emerging Markets ETF & India Internet ETF Report | February 2025
February 2025
EU Carbon Market Monthly Report | February 2025
Uranium Miners ETF Report | February 2025
Tech Megatrends ETF Report | February 2025
Active Global Equity Shariah ETF Report | February 2025
Crypto Report | February 2025
Midstream Energy Dividend ETF Report | February 2025
Travel ETF Report | February 2025
Future of Defence Report | Feburary 2025
Emerging Markets ETF & India Internet ETF Report | January 2025
January 2025
Copper Monthly Report | January 2025
Active U.S Bonds Quarterly Report | January 2025
Midstream Energy Dividend ETF Report | January 2025
EU Carbon Market Monthly Report | January 2025
Uranium Miners ETF Report | January 2025
Active Global Equity Shariah ETF Report | January 2025
Future of Defence Report | January 2025
Travel ETF Report | January 2025
Health Care ETF Quarterly Report | January 2025
ESG Gold ETF Report | January 2025
Crypto Report | January 2025
Active Global Equity Shariah ETF Report | December 2024
December 2024
Emerging Markets ETF & India Internet ETF Report | December 2024
Midstream Energy Dividend ETF Report | December 2024
Future of Defence Report | December 2024
Travel ETF Report | December 2024
EU Carbon Market Monthly Report | December 2024
Tech Megatrends ETF Report | December 2024
ESG Gold ETF Report | December 2024
EU Carbon Market Monthly Report | November 2024
November 2024
Emerging Markets ETF & India Internet ETF Report | November 2024
Midstream Energy Dividend ETF Report | November 2024
Active Global Equity Shariah ETF Report | November 2024
Future of Defence Report | November 2024
Travel ETF Report | November 2024
ESG Gold ETF Report | November 2024
Tech Megatrends ETF Report | November 2024
Uranium Miners ETF Report | October 2024
October 2024
EU Carbon Market Monthly Report | October 2024
Health Care ETF Quarterly Report | October 2024
Midstream Energy Dividend ETF Report | October 2024
Emerging Markets ETF & India Internet ETF Report | October 2024
Active Global Equity Shariah ETF Report | October 2024
Crypto Report | October 2024
ESG Gold ETF Report | October 2024
Tech Megatrends ETF Report | October 2024
Future of Defence Report | October 2024
Travel ETF Report | October 2024
Emerging Markets ETF & India Internet ETF Report | September 2024
September 2024
Uranium Miners ETF Report | September 2024
Active Global Equity Shariah ETF Report | September 2024
Crypto Report | September 2024
Midstream Energy Dividend ETF Report | September 2024
Future of Defence Report | September 2024
Travel ETF Report | September 2024
ESG Gold ETF Report | September 2024
Tech Megatrends ETF Report | September 2024
Energy Transition Materials ETF Report | August 2024
August 2024
Tech Megatrends ETF Report | August 2024
Emerging Markets ETF & India Internet ETF Report | August 2024
Defence and Aerospace ETF Report | August 2024
Midstream Energy Dividend ETF | August 2024
Active Global Equity Shariah ETF Report | August 2024
ESG-Screened Gold Miners ETF Report | August 2024
Crypto Report | August 2024
Active Global Equity Shariah ETF Report | July 2024
July 2024
Emerging Markets ETF & India Internet ETF Report | July 2024
Midstream Energy Dividend ETF | July 2024
Defence and Aerospace ETF Report | July 2024
Uranium Miners ETF Report | July 2024
Energy Transition Materials ETF Report | July 2024
Crypto Report | July 2024
ESG-Screened Gold Miners ETF Report | July 2024
Tech Megatrends ETF Report | July 2024
Midstream Energy Dividend ETF | June 2024
June 2024
Active Global Equity Shariah ETF Screened Report | June 2024
Emerging Markets ETF & India Internet ETF Report | June 2024
Tech Megatrends ETF Report | June 2024
Uranium Miners ETF Report | June 2024
Energy Transition Material ETF Report | June 2024
Future of Defence Report | June 2024
ESG-Screened Gold Miners ETF Report | June 2024
Crypto Report | June 2024
5G Digital Infrastructure ETF Report | May 2024
May 2024
Emerging Markets ETF & India Internet ETF Report | May 2024
Midstream Energy Dividend ETF Report | May 2024
Energy Transition Material ETF Report | May 2024
Crypto Report | May 2024
Global Equity Active Shariah ETF Screened Report | May 2024
Tech Megatrend ETF Report | May 2024
Future of Defence Report | May 2024
ESG-Screened Gold Miners ETF Report | May 2024
Global Equity Active Shariah ETF Screened Report | April 2024
April 2024
Crypto Report | April 2024
5G Digital Infrastructure ETF Report | April 2024
Emerging Markets ETF & India Internet ETF Report | April 2024
Tech Megatrends ETF Report | April 2024
Midstream Energy ETF | April 2024
Uranium Miners ETF Report | April 2024
ESG-Screened Gold Miners ETF Report | April 2024
Future of Defence ETF Report | Apr 2024
5G Digital Infrastructure ETF Report | Mar 2024
March 2024
Tech Megatrend ETF Report | March 2024
Airlines ETF Report | Mar 2024
Midstream Energy ETF Report | Mar 2024
Future of Defence ETF Report | Mar 2024
Emerging Markets and India Internet ETF Report | Mar 2024
Energy Transition Materials ETF Report | Mar 2024
Uranium Miners ETF Report | Mar 2024
Decarbonisation Enablers ETF Report | Mar 2024
Crypto Report | Mar 2024
Metaverse ETF Report | March 2024
Global Equity Shariah ETF Screened Report | Mar 2024
ESG Gold Mining ETF Report | Mar 2024
ESG Gold Mining ETF Report | Feb 2024
February 2024
Energy Transition Materials ETF Report | Feb 2024
Global Equity Active Shariah ETF Screened Report | Feb 2024
Decarbonisation Enablers ETF Report | Feb 2024
EV Charging Infrastructure ETF Report | Feb 2024
Midstream Energy ETF Report | Feb 2024
Uranium Miners ETF Report | Feb 2024
Future of Defence ETF Report | Feb 2024
Crypto Report | Feb 2024
Cloud Technology ETF Report | Feb 2024
Digital Assets Report | Feb 2024
Tech Megatrend ETF Report | Feb 2024
Airlines ETF Report | Feb 2024
Monthly Global Equity Active Shariah Screened Report | January 2024
January 2024
Monthly Decarbonisation Enablers Report | January 2024
Emerging Markets ETF Monthly Report | January
Digital Infrastructure ETF Monthly Report | January
EV Charging Infrastructure ETF Monthly Report | January
Crypto Monthly Report | January
Islamic Equity Monthly Report | December
December 2023
Midstream Energy Monthly Report | December
Airlines ETF Monthly Report | December
Future of Defence ETF Monthly Report | December
ESG-Screened Gold Miners ETF Monthly Report | December
Emerging Markets ETF Monthly Report | November
November 2023
Energy Transition Materials ETF | Monthly Report
Future of Defence ETF Monthly Report | November
Midstream Energy ETF Monthly Report | November
Travel ETF Monthy Report | November
ESG Gold Mining ETF Monthly Report | November 2023
Future of Finance ETF Monthly Report | November
Shariah ETF Monthly Report | November
Airlines Monthly Report | November
Digital Infrastructure ETF Monthly Report | November
Crypto Monthly Report | November
Digital Assets Monthly Report | November
Select Your Country
Select Your Investor Type
Choose a brokerage
Choose a product
You are now leaving HANetf's website and accessing a third-party website. HANetf may provide access to information, products, or services offered on websites that are owned or operated by other companies ("third-party websites"). We provide this access through the use of hyperlinks that automatically move you from a HANetf website to the third-party site.
While we do our best to provide you with helpful, trustworthy resources, HANetf cannot endorse, approve, or guarantee information, products, services, or recommendations provided at a third-party website. Since we may not always know when information on a linked site changes, HANetf is not responsible for the content or accuracy of any third-party website. HANetf shall not be responsible for any loss or damage of any sort resulting from the use of a link on its websites nor will it be liable for any failure of products or services advertised or provided on these linked sites.
HANetf offers you links on an "as is" basis. When you visit a third-party website by using a link on a HANetf site, you will no longer be protected by the HANetf privacy policy or security practices. The data collection, use, and protection practices of the linked site may differ from the practices of HANetf sites. You should familiarize yourself with the privacy policy and security practices of the linked website. Those are the policies and practices that will apply to your use of the linked website, not the HANetf policies and practices.
Here are some tips to help you tell if you have left a HANetf website:
Important Notice: HANetf is a provider of Exchange Traded Funds (ETFs) and Exchange Traded Commodities (ETCs). We do not sell investment products directly to individual investors. Our funds are available through regulated investment platforms and brokers. Our only official website is www.hanetf.com. Any other domain is not affiliated with or authorised by HANetf in any way. If you suspect fraudulent activity, please contact your local financial regulator and/or the police and report the website or individual involved.