XCO2
VanEck Global Carbon Credits ETF (Synthetic)
XCO2
VanEck Global Carbon Credits ETF (Synthetic)
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NAV$18.44
as at 23-Dec-24 -
Total Net Assets$2.84M
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Dividend Frequency1 each year
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Management fee (p.a.)0.45%
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Number of securities4
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Inception Date11-Oct-22
Overview
Fund Description
The VanEck Global Carbon Credits ETF (Synthetic), XCO2 gives investors exposure to the price of carbon as reflected in futures markets. This carbon credits ETF aims to provide investment returns, before fees and other costs, which track the performance of the Index.
Key points
Access carbon markets
An investment in carbon markets are a vital tool in the fight against climate change and are increasingly viewed as a cornerstone in global efforts to achieve net-zero targets. Tightening regulation could support an increase in carbon prices.
A carbon neutral future
Carbon prices are being used to incentivise pollution reduction and investment in green technology.
Diversified and a hedge to manage impact of carbon emissions on portfolios
Carbon prices are lowly correlated to conventional asset classes and targeted exposure to carbon price could potentially hedge the impact of increasing carbon price on investor’s portfolios.
Performance
Holdings & allocations
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.