Launch of Solar Energy UCITS ETF on London Stock Exchange offers Europe’s first pure-play exposure to the global solar energy industry

The launch of Europe’s first Solar Energy UCITS ETF on the HANetf platform will deliver pure-play exposure to the rapidly-growing global solar industry as it builds to be the largest source of global energy capacity.  The Solar Energy UCITS ETF (LSE ticker: TANN) ‘TANN’ will list on London Stock Exchange in June and will be passported for sale across Europe.

Solar energy is the fastest-growing source of new energy capacity with forecasts for $4.2 trillion of new solar capacity investment through 20501. According to the Solar Energy Industries Association, solar energy is now the cheapest new source of electricity in most major countries, and as costs continue to decline, solar operations will undercut coal and fossil-fuel based power generation. 

The Solar Energy ETF will track 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.  Top 10 holdings in the Index include Motech Industries, TSEC Corp, DAQO New Energy Corp, Meyer Burger Technology and United Renewable Energy Co Ltd.  The ETF will have a Total Expense Ratio of 0.69%.  

The SOLARNTR index back-tested performance shows it achieved 211.32% returns in the past 12 months2. Past performance is no guarantee of future results. When you trade ETFs your capital is at risk.

Focusing on solar energy offers a different opportunity set from just targeting clean energy and potentially stronger returns. Companies are screened for compliance with UN Global Compact Principles plus operational business involvement in the fields of oil sands, fossil fuel or controversial weapons.
The Solar Energy ETF - TANN is expected to be scheduled as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).

Jane Edmondson, Principal of EQM Indexes, said: “Solar energy is both the cheapest new source of electricity in most countries and the fastest-growing source of new energy capacity.

“TANN is the first pure play Solar Energy ETF in Europe,  offering targeted exposure to this important clean energy theme . It has been classed as an article 8 investment under the Sustainable Finance Disclosure Regulation which demonstrates its environmental characteristics.”

“The launch further expands our partnership with HANetf following the benchmark we developed for the Global Online Retail UCITS ETF ‘IBUY’, tracking the shift from ‘bricks to clicks’. HANetf provides a unique platform for companies such as us and we look forward to the next listing.”

Hector McNeil, co-Founder and co-CEO at HANetf, said: “The global solar energy investment opportunity is very exciting for investors and enables them to focus on a global megatrend in the switch away from dirty energy to clean energy.

“The Solar Energy UCITS ETF ‘TANN’ provides a more focused opportunity than simply looking at clean energy and is the first pure-play exposure to the global solar energy industry and its growth prospects distinct from the wider clean energy investment universe which takes in more companies and different technologies. It not only expands our offering in the thematic space but adds significantly to our expanding range of clean & renewable energy and ESG ETFs. ”

“Launching the Solar Energy ETF expands our range of innovative ETFs and ETCs and is another European first which we are delighted to bring to market with EQM Indexes. We are very proud of the many firsts we have brought to the European ETF market including Cloud computing, Emerging markets ecommerce, 5g infrastructure and medical cannabis to name a few. We are not finished here, watch this “Space”. 

About EQM Indexes

Index creator EQM Indexes is a US-based woman-owned firm dedicated to creating and supporting innovative indexes focused on thematic growth opportunities and emerging investment themes including online retail. Blockchain, cannabis, lithium and battery technology, risk parity and social justice. It worked with HANetf to develop the index behind the Online Retail ETF  (LSE ticker: IBUY) which launched earlier this year. 

Top 10 holdings in the Index include Motech Industries, TSEC Corp, DAQO New Energy Corp, Meyer Burger Technology and United Renewable Energy Co Ltd. Companies have to derive at least 5% of their revenue from solar-related business operations.

Companies deriving more than 60% of their revenues from solar are considered core constituents and receive a larger weight. Companies deriving between 5% and 60% of their revenue from solar are considered non-core and receive a smaller weight.

About HANetf

HANetf is an independent provider of UCITS ETFs, working with asset management companies to bring differentiated, modern, and innovative exposures to European ETF investors. Via our white-label ETF platform, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers to launch and manage UCITS ETFs. www.hanetf.com.

 

HANetf Products: Ticker CCY
HAN-GINS Cloud Technology UCITS ETF SKYY
SKYP
USD
GBP
HAN-GINS Cloud Technology UCITS ETF SKYY
SKYP

USD
GBP


The Medical Cannabis and Wellness UCITS ETF
CBDX 
CBDP

USD
GBP
 
HAN-GINS Tech Megatrends Equal Weight UCITS ETF ITEK
ITEP
USD
GBP

HAN-GINS Indxx Healthcare Innovation UCITS ETF
WELL
WELP
USD
GBP

Alerian Midstream Energy Dividend UCITS ETF
MMLP
PMLP
USD
GBP
Almalia Sanlam Active Shariah Global Equity UCITS ETF
 
AMAL
AMAP
USD
GBP
Digital Infrastructure and Connectivity UCITS ETF  DIGI
PIGI
USD
GBP

iClima Global Decarbonisation Enablers UCITS ETF

CLMA
CLMP
USD
GBP

Global Online Retail UCITS ETF
IBUY
PBUY
USD
GBP

 

Media Contacts:
Europe: Phil Anderson, PerceptionA |phil@perceptiona.com, +44 (0)7767 491 519
Sara Vola, MyMediaRelation | Vola@MyMediaRelation.it | +39 02 36 75 15 11

Important Information:

Communications issued in the European Economic Area (“EEA”)

The content in this document is issued by HANetf Management Limited (“HML”) acting in its capacity as management company of HANetf ICAV. HML is authorised and regulated by the Central Bank of Ireland. HML is registered in Ireland with registration number 621172.

Communications issued in the UK

The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (FCA FRN 606792). HANetf is registered in England and Wales with registration number 10697042.

This communication has been prepared for professional investors, but the Exchange Traded Funds (“ETFs”) set out in this communication may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant ETF is available in your jurisdiction and suitable for your investment profile.

Past performance is not a reliable indicator of future performance. The price of the ETFs may vary and they do not offer a fixed income. 

This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. 

The content of this document does not constitute an investment advice nor an offer for sale nor a solicitation of an offer to buy any product or make any investment. An investment in an exchange traded product is dependent on the performance of the underlying asset class, less costs, but it is not expected to track that performance exactly. The ETFs involve numerous risks including among others, general market risks relating to underlying adverse price movements in an Index or underlying asset class and currency, liquidity, operational, legal and regulatory risks. 

The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province or territory thereof, where HANetf ICAV or their ETFs are authorised or registered for distribution and where no prospectus of HANetf ICAV has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. HANetf ICAV, nor any securities issued by it, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes. 

HANetf ICAV is an open-ended Irish collective asset management vehicle issuing under the terms in the Prospectus and relevant Supplement approved by the Central Bank of Ireland (“CBI”) (“Prospectus”) is the issuer of the ETFs. Investors should read the current version of the 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 the ETFs. Any decision to invest should be based on the information contained in the Prospectus.

The Prospectus can all be downloaded from www.hanetf.com.

The decision and amount to invest in any ETF should take into consideration your specific circumstances after seeking independent investment, tax and legal advice. 
 

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