As of 30/11/2023
Fund Overview
The AuAg ESG Gold Mining UCITS
ETF seeks to
offer exposure to an equal-weighted basket of 25 ESG screened companies that are active in the gold mining industry.
The gold mining ETF tracks
the Solactive AuAg ESG Gold Mining Index which focuses on companies that have low ESG risk characteristics.
The fund uses Sustainalytics to
screen the mining universe for their ESG credentials, attributing a risk score
based on their findings. Only the top 25 lowest ESG Risk companies are included within
the index.
Please remember that the value of your investment may go down as well as up and past performance is no indication of future performance.
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Why Invest in ESGO Gold Mining ETF?
Europe’s first gold mining ETF with an ESG conscious mandate:
This is Europe’s first opportunity to access an ESG considerate Gold Mining ETF. (According to HANetf research using ETF Database.)
Tracks 25 best-in-class ESG Risk companies in the sector:
The ESG screening excludes all but the 25 best-in-class ESG Risk companies in the sector. The ESG Risk score is provided by Sustainalytics, who have over 25 years of experience in producing ESG related research.
Equal weighting on index avoids concentration risks:
Equal-weighted design helps to avoid concentration risks. The probability of having, for example, two companies with a combined weighting of 25-35% is relatively high in a market/liquid weighted index for a single sector. In addition, the possible underweighting of a few dominant mega-companies may also provide a beneficial return profile for AuAg ESG Gold Mining UCITS ETF in a bull market for gold and gold miners.
Risks
Gold mining companies are highly dependent on the price of gold and
may be adversely affected by a variety of worldwide economic,
financial and political factors.
The Fund will be sensitive to changes in, and its performance will
depend to a greater extent on, the overall condition of gold mining
companies. Investments related to gold are considered speculative and
are affected by a variety of factors.
Investment risk may be concentrated in specific sectors, countries,
currencies or companies. This means that the Fund may be more
sensitive to any localised economic, market, political or regulatory
events.
Please remember that the value of your investment may go down as
well as up and your capital is at risk. Please see KIID for full details.