CIRCA5000 is set to make its ETF debut in Europe with five funds targeting companies working towards United Nation’s Sustainable Development Goals.
Charlie Macpherson, Managing Director of ETFs at CIRCA5000.
Expected to list on London Stock Exchange in June 2023, the ETFs will seek to support positive change in five key areas: Green Energy & Technology; Sustainable Food & Biodiversity; Clean Water & Waste; Social & Economic Empowerment; and Health & Wellbeing.
The funds are the CIRCA5000 Green Energy & Technology UCITS ETF (C5KG), CIRCA5000 Sustainable Food & Biodiversity UCITS ETF (C5KF), CIRCA5000 Clean Water & Waste UCITS ETF (C5KW), CIRCA5000 Social & Economic Empowerment UCITS ETF (C5KE), and CIRCA5000 Health & Wellbeing UCITS ETF (C5KH).
Each ETF will be passively managed, tracking an in-house index that covers global equities of companies that have been thematically screened using insights from impak Analytics and BITA. Only the most notable impact companies related to the underlying theme are selected for each index.
Each ETF will come with an expense ratio of 0.49% and will be classified as an Article 9 product under the European Union’s Sustainable Finance Disclosure Regulation (SFDR).
According to CIRCA5000, the funds may be used individually to gain specific thematic exposures or together to create a fully diversified portfolio that covers a broad array of high-impact companies with minimal overlap.
Charlie Macpherson, Managing Director of ETFs at CIRCA5000, commented: “The CIRCA5000 funds invest in companies generating positive social and environmental benefits alongside positive long-term financial returns. We don’t tweak existing strategies to tick regulatory boxes, our core strategy is impact investing. And at the heart of our philosophy is the measurement and reporting of impact.”
Tom McGillyCuddy, co-Founder at CIRCA5000, added: “We are committed to unleashing the power of capital for good with the mission to uncomplicate sustainability. Our new range of ETFs offers a unique investment opportunity for those who want to support a positive impact on the world while still achieving their financial goals.”
Matt Latham, co-Founder at CIRCA5000, concluded: “Effective stewardship should be practiced by all investors, not just active funds. CIRCA5000 has created an impact-focused stewardship strategy for our ETF range, to ensure our investee companies are working towards both of our goals: positive returns and positive impact.”