Key stats
About Blue Horizon BNE ETF
Expense ratio
0.87%
Home page
Inception date
Dec 8, 2020
BNE is passively managed to provide exposure to approximately 100 global companies that are expected to benefit from the New Energy Economy. The index distinguishes new energy to exclude conventional energy companies but include those that lead and enable innovation for cleaner, affordable, and sustainable energy. The universe starts from a proprietary database that covers five New Energy Economy sectors: e-mobility, energy storage, performance materials, energy distribution, and energy generation. Selected companies are assigned a score based on revenue, market share, growth, and technology leadership. Stocks with the highest scores are included in the index with no more than 30 companies in each sector. Reconstitution is at the index providers discretion, to ensure that all constituents consistently meet requirements. The index is rebalanced semi-annually, assigning each eligible company an equal weight.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Non-Energy Minerals
Stock breakdown by region