au en false false
XCO2AU VanEck Global Carbon Credits ETF (Synthetic) Please read important disclosure Close important disclosure false
  • XCO2
    VanEck Global Carbon Credits ETF (Synthetic)

    XCO2
    VanEck Global Carbon Credits ETF (Synthetic)

    • NAV
      $18.63

      as at 24-Jul-24
    • Total Net Assets
      $3.62M
    • Dividend Frequency
      1 each year
    • Management fee (p.a.)
      0.45%
    • Number of securities
      4
    • Inception Date
      11-Oct-22
    The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.
    XCO2-VanEck-Global-Carbon-Credits-ETF- Tie.webp

    Overview

    Fund Description

    The VanEck Global Carbon Credits ETF (Synthetic), XCO2 gives investors exposure to the price of carbon as reflected in futures markets. This carbon credits ETF aims to provide investment returns, before fees and other costs, which track the performance of the Index.

    Key points

    Access carbon markets

    An investment in carbon markets are a vital tool in the fight against climate change and are increasingly viewed as a cornerstone in global efforts to achieve net-zero targets. Tightening regulation could support an increase in carbon prices.

    A carbon neutral future

    Carbon prices are being used to incentivise pollution reduction and investment in green technology.

    Diversified and a hedge to manage impact of carbon emissions on portfolios

    Carbon prices are lowly correlated to conventional asset classes and targeted exposure to carbon price could potentially hedge the impact of increasing carbon price on investor’s portfolios.

    Performance

    Holdings & allocations

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.

    Documents & insights

    XCO2AU /blog/carbon-credits/