SOFT

Purpose Enterprise Software ESG-S UCITS ETF - Acc

The Purpose Enterprise Software ESG-S UCITS ETF offers investors an efficient way of gaining diversified exposure to global software companies and includes an ESG screen.

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Key Documents
Factsheet
As of 29/11/2021

Fund Overview

The Purpose Enterprise Software ESG-S UCITS ETF ‘SOFT’ seeks to provide diversified exposure to global software companies.

‘SOFT’ tracks the Solactive Purpose Software ESG screened Index which looks to include companies that have created substantial moats in their respective verticals through deep product market fit and R&D investments and have high recurring revenue, high gross margins, strong free cash flow, and cashed up balance sheets.

The SOFT software ETF contains an ESG screen to exclude companies with exposure to controversial weapons and fossil fuels.

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Access a fast-growing industry:

SOFT provides diversified access to companies at the forefront of digital transformation from the development stage to free cash flow generative established businesses with large moats.


Focus on Software as a Service (SaaS):

Unlike other technology ETFs that include SaaS, Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) companies, SOFT focuses on SaaS companies which are uniquely positioned to benefit from global software megatrends. Cloud services revenue is forecasted to exceed $276.8bn in 2021, 7x the rate of overall IT market growth, and SaaS companies account for 68% of this revenue. Source: Source: IDC, Worldwide and Regional Public IT Cloud Services Forecast.


Prioritisation of ESG:

SOFT excludes companies with exposure to controversial weapons and fossil fuels. The ETF has been designated Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).  

Risks

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.

Information technology companies and companies that rely heavily on technology are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs.

For a complete overview of all risks attached to this Fund, refer to the section entitled “Risk Factors” in the Supplement and the Prospectus.

As of 29/11/2021

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE SOFT LN HASOFT.L BMBTJ68 IE00BMQ8YQ50 - - USD 30/07/2021
LSE SOFP LN SOFP.L BN4MYZ5 IE00BMQ8YQ50 - - GBP 30/07/2021
Borsa Italiana SOFT IM ESOFT.MI BMXR6G9 IE00BMQ8YQ50 - - EUR 22/07/2021
Xetra SOFT GY SOFTG.DE BMXR5M8 IE00BMQ8YQ50 - A3CT5E EUR 03/08/2021

Registrations

Fund Overview
TickerSOFT
Asset ClassEquities
Base CurrencyUSD
Income TreatmentAccumulating
Inception Date28/07/2021
IndexSolactive Purpose Enterprise Software ESG Screened Index NTR
Number of Holdings52
Rebalance FrequencySemi-Annual
TER59 bps
Net Asset ValuesAs of 29/11/2021
NAV$8.01
Net Assets of Fund5,203,670.71 (USD)
Shares Outstanding650,000
Issuer AUM$732,401,172
Structure
Replication MethodPhysical
DomicileIreland
UCITS CompliantYes
Fund UmbrellaHANetf ICAV
Financial End Year31/03
Legal FormICAV
Legal And Tax Information
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting Status
Key Service Providers
CustodianThe Bank of New York Mellon SA/NV, Dublin Branch
Portfolio ManagerVident Investment Adivsory LLC
Index Details
IndexSolactive Purpose Enterprise Software ESG Screened Index NTR
CurrencyUSD
Index ProviderSolactive
Bloomberg TickerSOFTWARN
SOFT Performance 1M 3M 6M YTD 12M Since Inception

Insights

InsightsNovember 2021

Enterprise Software Monthly Report | October
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InsightsAugust 2021

Video | HANetf launches an enterprise software ETF on the LSE in partnership with Purpose Investments
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Webinars

WebinarOctober 2021

Disruptive Technologies | Investing in the hottest megatrends | 14th October 2021
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WebinarOctober 2021

Endless disruption: Profiting from the fourth industrial revolution | Investors’ Chronicle | 7th October 2021
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Press Releases

PressJuly 2021

Launch of World’s First Pure Play Enterprise Software ETF to List on London Stock Exchange.
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Related Content

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE SOFT LN HASOFT.L BMBTJ68 IE00BMQ8YQ50 - - USD 30/07/2021
LSE SOFP LN SOFP.L BN4MYZ5 IE00BMQ8YQ50 - - GBP 30/07/2021
Borsa Italiana SOFT IM ESOFT.MI BMXR6G9 IE00BMQ8YQ50 - - EUR 22/07/2021
Xetra SOFT GY SOFTG.DE BMXR5M8 IE00BMQ8YQ50 - A3CT5E EUR 03/08/2021

How to Buy SOFT

HANetf funds are available to buy through self-directed platforms and brokers, and intermediary platforms across Europe listed in the link below. If you would like more information on how to trade with APs/market makers, please contact our Capital Markets Team at [email protected]

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ESG Rating

SOFT excludes companies with exposure to controversial weapons and fossil fuels. The ETF has been designated Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).

About Purpose Investments

Purpose Investments is an asset management company with over $8 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company. www.purposeinvest.com

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