UCTREUS VanEck Circular Economy UCITS ETF Please read important disclosure Close important disclosure true dk en false false
REUS

Circular Economy ETF
VanEck Circular Economy UCITS ETF

REUS

Circular Economy ETF
VanEck Circular Economy UCITS ETF

ISIN: IE0001J5A2T9 copy-icon

Fund Description

Resources of our planet are getting increasingly strained and the world is struggling to cope with the waste fallout from single-use products. VanEck Circular Economy UCITS ETF provides exposure companies that contribute to recycling or other forms of resource efficiency.

  • NAV
    $22.96

    as of 28 May 2024
  • YTD RETURNS
    5.26%

    as of 28 May 2024
  • Total Net Assets
    $6.8 million

    as of 28 May 2024
  • Total Expense Ratio
    0.40%
  • Inception Date
    21 Oct 2022
  • SFDR Classification
    Article 9

Overview

Fund Description

Resources of our planet are getting increasingly strained and the world is struggling to cope with the waste fallout from single-use products. VanEck Circular Economy UCITS ETF provides exposure companies that contribute to recycling or other forms of resource efficiency.

  • Companies at the forefront of sustainable production and enabling services
  • Global spotlight on environmental impact of human consumption
  • Pure play exposure to companies contributing to the advancement of circular economy


Risk Factors: Equity market risk, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MVIS®Global Circular Economy ESG Index (MVCIRCTR)

Fund Highlights

  • Companies at the forefront of sustainable production and enabling services
  • Global spotlight on environmental impact of human consumption
  • Pure play exposure to companies contributing to the advancement of circular economy


Risk Factors: Equity market risk, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MVIS®Global Circular Economy ESG Index (MVCIRCTR)

Performance

Holdings

Portfolio

Literature

Index

Index Description

The MVIS®Global Circular Economy ESG Index (MVCIRCTR) tracks the performance of companies contributing to the circular economy. This includes water purification and treatment products/services, waste-to-energy and biofuels, waste management services that include recycling services, metal recycling services.

Index Key Points

Underlying Index
MVIS®Global Circular Economy ESG Index (MVCIRCTR)

The Index Composition:

The index tracks the performance of companies contributing to the circular economy. This includes companies with at least 50% of their revenues (25% for current components) from: water purification and treatment products/services, waste-to-energy and biofuels, general waste management services that include recycling services, metal recycling services. The index also includes companies with at least 50% of their revenues (25% for current components) from products that are made of - or services related to - recycled, repurposed, or reused materials.

The index supports sustainability in production of goods, recycling of goods and materials, and water purification and treatment, meeting the UN’s Sustainable Development Goals on Responsible Consumption and Production, and Clean Water and Sanitation.

Companies initially eligible for inclusion in Index:

  • Companies have to generate at least 50% revenues from industries related to the circular economy
  • Market cap exceeding $150 million
  • At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews
  • Individual company weights are capped at 8%
  • Companies with very severe social norms violations, or that have greater than 0% revenue exposure to controversial weapons, or that exceed certain thresholds of revenue exposure to various sectors including but not limited to civilian firearms, tobacco, and energy extractives are not eligible for inclusion.
  • Companies that are not covered by ISS or for which relevant data fields are not collected by ISS may be eligible for inclusion. For more details on the screening, please refer to the Index Methodology below.

 

Index provider:
MVIS