Amundi Global Hydrogen ESG Screened UCITS ETF - Acc

Issuer: Amundi ETF

Asset Class: Equity

TER: 45bps

Trading Currency: GBX

Pays Income: False

Listing Date: 07 Jun 2011

Ticker: ANRJ

ISIN: FR0010930644

This fund offers targeted exposure to the burgeoning global hydrogen economy, a theme positioned at the forefront of the worldwide energy transition. As nations and corporations intensify their efforts to achieve net-zero emissions, hydrogen is emerging as a critical solution for decarbonizing sectors that are difficult to electrify, such as heavy industry, long-haul transport, and shipping. The investment thesis is underpinned by significant tailwinds, including increasing government policy support through subsidies and mandates, falling production costs for 'green' hydrogen, and substantial private sector investment aimed at scaling up the necessary infrastructure. This creates a compelling long-term growth narrative for companies operating within this pivotal clean energy ecosystem.

The portfolio provides a comprehensive and diversified way to invest in this secular trend by tracking an index of companies active across the entire hydrogen value chain. This includes firms involved in hydrogen production, particularly green hydrogen generated from renewable sources, as well as those developing and manufacturing key technologies like electrolyzers and fuel cells. Furthermore, it encompasses companies specializing in the storage, transportation, and distribution of hydrogen, along with industrial end-users integrating it into their processes. The global nature of the underlying holdings offers investors exposure to leading innovators in developed markets across North America, Europe, and Asia, capturing the worldwide momentum behind the hydrogen transition.

As a thematic investment focused on a still-developing industry, this product is suited for investors with a higher risk tolerance and a long-term investment horizon. The sector's growth trajectory is subject to technological advancements, regulatory changes, and the pace of adoption, which can lead to higher volatility compared to broader market indices. However, for those looking to align their portfolio with the clean energy megatrend, it presents a unique opportunity to participate in the potential upside of the hydrogen revolution. An integrated ESG screening process further refines the portfolio, ensuring that the selected companies meet specific environmental, social, and governance criteria.