L&G Hydrogen Economy UCITS ETF

ETF (UCITS compliant)
L&G Hydrogen Economy UCITS ETF
USD Accumulating ETF Class
ISINIE00BMYDM794
Price$4.3412 Oct 2023
TER0.49%
ISINIE00BMYDM794
Price$4.3412 Oct 2023
TER0.49%
Fund aim
The L&G Hydrogen Economy UCITS ETF (the "ETF") aims to track the performance of the Solactive Hydrogen Economy Index NTR (the “Index”).
Fund snapshot
- Long-term allocation
Long-term megatrend that could potentially transform the way we live, work and consume energy
- High growth potential
Aims to capture the outsized growth potential of the global hydrogen industry
- Leveraging industry expertise
An index tracking investment strategy that is supported by a team of hydrogen experts
- Does it have a sustainable objective?
The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement.
Fund facts
Fund size | $444.1m |
Base currency | USD |
Fund launch date | 10 Feb 2021 |
Domicile | Ireland |
Share class launch | 10 Feb 2021 |
Replication method | Physical - full replication |
ISA eligible | Yes |
SIPP eligible | Yes |
UK Fund Reporting status | Yes |
Benchmark
Solactive Hydrogen Economy Index NTR
Index description
Solactive Hydrogen Economy Index NTR
The Index is designed to provide exposure to equity securities of global companies that are actively engaged in the hydrogen economy. The “hydrogen economy” is the use of hydrogen as a clean, low-carbon energy resource to meet the world’s energy needs.
The Index Universe consists of companies that are actively engaged in the value-chain of the hydrogen industry, which includes value-creating activities within the hydrogen economy such as energy input, production, transport, storage and end-use.
A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares that are publically traded) and it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis). Moreover, the Index excludes certain companies: (a) that derive substantial revenues from coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.
The universe of companies out of which the Index selection is made is refreshed semi-annually in May and November. All constituents of the Index are equally weighted within the Index subject to certain liquidity based weight caps made to ensure that securities with lower liquidity are not overly represented in the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceed 15% of the index, the weights of all companies are adjusted so that they are again equally weighted within the Index.
Index data
Provider | Solactive |
Bloomberg code | SOHYDRON |
Reuters code | .SOHYDRON |
Type | Net Total Return |
Website | Go to website |
Performance
Portfolio breakdown
As at 31 Aug 2023
Top 10 constituents | 54.4% |
---|---|
Rest of Index | 45.6% |
No. of constituents in Index | 27 |
---|
Top 10 constituents (%)
Nippon Sanso | 6.9 |
Toyota Motor | 6.4 |
Chemours | 5.9 |
Linde | 5.3 |
Air Liquide | 5.1 |
Air Products & Chemicals | 5.1 |
Kyocera | 5.0 |
Cummins | 5.0 |
Hyundai | 4.9 |
Ballard Power Systems | 4.8 |
Sector (%)
Industrials | 45.0 |
Materials | 35.0 |
Consumer Discretionary | 11.4 |
Information Technology | 5.0 |
Utilities | 3.6 |
Top 10 constituents | 54.4% |
---|---|
Rest of Index | 45.6% |
No. of constituents in Index | 27 |
---|
Top 10 constituents (%)
Nippon Sanso | 6.9 |
Toyota Motor | 6.4 |
Chemours | 5.9 |
Linde | 5.3 |
Air Liquide | 5.1 |
Air Products & Chemicals | 5.1 |
Kyocera | 5.0 |
Cummins | 5.0 |
Hyundai | 4.9 |
Ballard Power Systems | 4.8 |
Sector (%)
Industrials | 45.0 |
Materials | 35.0 |
Consumer Discretionary | 11.4 |
Information Technology | 5.0 |
Utilities | 3.6 |
Currency (%)
USD | 40.4 |
JPY | 18.3 |
KRW | 11.7 |
EUR | 10.2 |
GBP | 7.0 |
HKD | 4.5 |
DKK | 3.6 |
NOK | 3.3 |
SEK | 1.1 |
Country (%)
United States | 30.2 |
Japan | 18.3 |
Korea | 11.7 |
United Kingdom | 7.0 |
Ireland | 5.3 |
France | 5.1 |
Canada | 4.8 |
China | 4.5 |
Denmark | 3.6 |
Other | 9.5 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of the Index.
Fund managers

LGIM Index Fund Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
Sustainability
SFDR categorisation
Article 9The sustainable investment objective of the Fund is to provide exposure to the global hydrogen economy. The Fund is passively managed and seeks to achieve its investment objective by tracking the performance of the Solactive Hydrogen Economy Index NTR (the “Index”). The Index is a reference benchmark that has been designated for the purpose of attaining the sustainable investment objective of the Fund.
The sustainable investment objective of the Fund is to provide exposure to the global hydrogen economy. The Fund is passively managed and seeks to achieve its investment objective by tracking the performance of the Solactive Hydrogen Economy Index NTR (the “Index”). The Index is a reference benchmark that has been designated for the purpose of attaining the sustainable investment objective of the Fund.
The Fund follows the following sustainability-related investment strategy by tracking the Index that applies:
Literature
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | HTWG | IE00BMYDM794 | HTWG LN | HTWG.L | 10/02/2021 | 08:00 - 16:30 |
London Stock Exchange | USD | HTWO | IE00BMYDM794 | HTWO LN | HTWO.L | 10/02/2021 | 08:00 - 16:30 |
Borsa Italiana | EUR | HTWO | IE00BMYDM794 | HTWO IM | HTWO.MI | 10/02/2021 | 09:00 - 17:30 |
Deutsche Börse Xetra | EUR | HTMW | IE00BMYDM794 | HTMW GY | HTWO.DE | 10/02/2021 | 09:00 - 17:30 |
SIX Swiss Exchange | CHF | HTWO | IE00BMYDM794 | HTWO SW | HTWO.S | 10/02/2021 | 09:00 - 17:30 |
Bolsa Mexicana | MXN | HTWO | IE00BMYDM794 | HTWO MM | HTWO.MX | 21/07/2022 | 09:00 - 17:30 |
Codes
ISIN | IE00BMYDM794 |
SEDOL | - |
Bloomberg | HTWO |
MEX | - |
Dealing information
Issuer | Legal & General UCITS ETF Plc |
Depositary and Trustee | The Bank of New York Mellon SA/NV, Dublin Branch |
Securities regulator | Central Bank of Ireland |
Country registration
This share class is registered for sale in the following countries:
*The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.