ETF Securities has announced the launch of the ETFS Hydrogen ETF (ASX Code: HGEN), available to trade today on the ASX.
The thematic equity ETF offers investors exposure to the world’s leading hydrogen companies, with a focus on pure plays.
The index holds 30 companies from developed markets, Taiwan and Korea with a focus on pure play hydrogen businesses. It targets pure play companies that produce hydrogen fuel cells and their components, make hydrogen refuelling stations and other infrastructure like storage, and companies that generate hydrogen or build electrolysers.
ETF Securities head of distribution Kanish Chugh said the new ETF aligns with the company’s focus on providing investment opportunities that tap into social and economic megatrends.
In August, ETF Securities launched ETFS Semiconductor ETF (ASX Code: SEMI), giving investors access to the world’s booming semiconductor industry.
“The hydrogen economy is a greenfield investment opportunity, still in its early development stage. However, its potential applications are limitless – from making fertiliser to powering the world’s transport systems,” Chugh said.
“Hydrogen may be like the internet in the 1990s, or semiconductors in the 1970s. In these instances, disruptive technologies reached tipping points and saw exponential uptake. Their uptake was driven by megatrends – which are one-off structural shifts in the economy and society.
HGEN has an expense ratio of 0.69 per cent and is SMSF eligible.
Maja Garaca Djurdjevic
Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.
