Circular Economy ETF
VanEck Circular Economy UCITS ETF
Circular Economy ETF
VanEck Circular Economy UCITS ETF
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.
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NAV$22.59
as of 21 Jun 2024 -
YTD RETURNS3.59%
as of 21 Jun 2024 -
Total Net Assets$6.7 million
as of 21 Jun 2024 -
Total Expense Ratio0.40%
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Inception Date21 Oct 2022
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SFDR ClassificationArticle 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
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
and the Prospectus for other important information before investing.
Underlying Index
MVIS®Global Circular Economy ESG Index (MVCIRCTR)
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
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