MMLP

Alerian Midstream Energy Dividend UCITS ETF - Dist

Midstream energy companies are largely fee-based, volume driven companies involved in the processing, transportation and storage of oil, natural gas and natural gas liquids and known for their high dividend yields.

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Key Documents
Factsheet
As of 20/09/2021

Fund Overview

The Alerian Midstream Energy Dividend UCITS ETF (MMLP) aims to provide diversified exposure to midstream energy companies involved in the processing, transportation and storage of oil, natural gas and natural gas liquids in the US and Canadian markets.  The MMLP midstream energy ETF includes both master limited partnership companies (MLPs) and C-corps.

MMLP is the first UCITS ETF to provide exposure to the energy infrastructure sector via an Alerian index. By employing a synthetic strategy, MMLP enables efficient replication of 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 MMLP Energy ETF?

Yield Enhancement:

MLPs pay no taxes at the entity level so they can pay out more of their cash flow to investors as distributions. The 5 year average yield for energy infrastructure companies, represented by the AEDW Index is 7.62% (Source: Alerian, as of January 22nd 2021).


Defensive Energy Exposure:

Given the fee-based nature of midstream, cash flows are less sensitive to commodity price volatility compared to other sectors of energy, such as oil and gas producers. 


Stable Cash Flows:

Midstream companies are largely fee-based, volume-driven businesses that benefit from the growing US and Canadian energy production and rising demand domestically and internationally.

Risks

Energy infrastructure companies may be subject to specific industry and sector risks such as commodity price fluctuations and decrease in demand for energy during a recession

While there is no legislation currently aimed at MLPs, a removal or alteration of MLPs’ tax treatment could negatively affect performance

The use of swaps as a replication strategy introduces counterparty risk

Investors’ capital is fully at risk and investors may not get back the amount originally invested

Exchange rate fluctuations could have a negative or positive effect on returns

The value of equities and equity-related securities can be affected by daily stock and currency market movements

Further risks are disclosed in the KIID and Prospectus

As of 20/09/2021

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE MMLP LN MMLP.L BMVFZ02 IE00BKPTXQ89 - - USD 30/07/2020
LSE PMLP LN PMLP.L BL96TT7 IE00BKPTXQ89 - - GBP 30/07/2020
Borsa Italiana MMLP IM MMLP.MI BMHVZQ0 IE00BKPTXQ89 - - EUR 06/08/2020
Xetra JMLP GY JMLP.DE BMHVZP9 IE00BKPTXQ89 - A2P4PH EUR 06/08/2020

Registrations

Fund Overview
TickerMMLP
Asset ClassEquities
Base CurrencyUSD
Income TreatmentDistributing
Inception Date27/07/2020
IndexAlerian Midstream Energy Dividend Index
Number of Holdings28
Distribution FrequencyQuarterly
Rebalance FrequencyQuarterly Rebalance /Annual Reconstitution
TER40 bps
Net Asset ValuesAs of 20/09/2021
NAV$10.26
Net Assets of Fund23,447,285.78 (USD)
Shares Outstanding2,470,000
Issuer AUM$697,350,731
Structure
Replication MethodPhysical with swap overlay
DomicileIreland
UCITS CompliantYes
Legal FormICAV
Legal And Tax Information
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes
Key Service Providers
CustodianThe Bank of New York Mellon SA/NV, Dublin Branch
Portfolio ManagerVident Investment Advisory LLC
Index Details
IndexAlerian Midstream Energy Dividend Index
CurrencyUSD
Index ProviderS&P
Bloomberg TickerAEDWN
MMLP Performance 1M 3M 6M YTD 12M Since Inception
(27/07/2020)
Alerian Midstream Energy Dividend UCITS ETF - Dist -1.95% -2.95% 17.59% 31.73% 48.96% 47.18%
Alerian Midstream Energy Dividend Index -2.08% -3.08% 17.16% 30.85% 41.30% 44.99%
Source: Bloomberg. as of 31 August 2021. Performance for the fund and the index is shown in USD. Fund performance is shown net of fees with income reinvested where applicable. Please be aware that fees have a detrimental impact on the performance of an ETP. Past performance is not an indicator for future results

Insights

InsightsJuly 2021

Midstream Energy Monthly Report | July
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InsightsJune 2021

Midstream Energy Monthly Report | June
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InsightsApril 2021

Midstream Energy Monthly Report | April
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Press Releases

PressAugust 2020

Alerian has listed Midstream Energy ETF on Borsa Italiana via HANetf platform
Read More

PressAugust 2020

Alerian has listed Midstream Energy ETF on Deutsche Boerse via HANetf platform
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Related Content

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE MMLP LN MMLP.L BMVFZ02 IE00BKPTXQ89 - - USD 30/07/2020
LSE PMLP LN PMLP.L BL96TT7 IE00BKPTXQ89 - - GBP 30/07/2020
Borsa Italiana MMLP IM MMLP.MI BMHVZQ0 IE00BKPTXQ89 - - EUR 06/08/2020
Xetra JMLP GY JMLP.DE BMHVZP9 IE00BKPTXQ89 - A2P4PH EUR 06/08/2020

How to Buy MMLP

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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MMLP ESG Rating

MMLP has been classified as an Article 6 investment under the EU Sustainable Finance Disclosure.

About Alerian

Alerian is a leading independent index provider focused on building innovative, index-based investment strategies. Through indexing, benchmarking and calculation services, Alerian serves the global investment community. Built on a foundation of data rigor and specialty research, Alerian’s comprehensive family of indexes includes the leading energy, thematic and smart-beta indexes, such as the first real-time MLP index – The Alerian MLP Index, S-Network Closed-End Fund Index Series, S-Network Global Benchmark Family, S-Network Dividend and Income Indexes and S-Network Renewable and Natural Resources Indexes. Today, Alerian has over $23 billion in total assets tracking its indexes and has over 200 customers world-wide.

www.alerian.com

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