European Green Deal UCITS ETF - Accumulating

Issuer: HANetf

Asset Class: Equity

TER: 60bps

Trading Currency: GBX

Pays Income: False

Listing Date: 25 Jul 2023

Ticker: GR8

ISIN: IE0007WMHDE3

This actively managed fund is built on the premise of a significant political and economic transformation within Europe. The core investment thesis is that the continent is pivoting towards greater strategic autonomy, self-reliance, and sovereignty. This shift is expected to fuel substantial growth in specific sectors that are crucial for Europe's independence and security. The strategy aims to capture the potential upside from increased fiscal spending and policy support directed towards strengthening the continent's domestic industrial base and defensive capabilities. Key investment themes include the re-armament of European nations, the drive for energy security and independence, and the broader trend of re-industrialisation and near-shoring of critical supply chains.

The portfolio provides concentrated exposure to European-listed companies poised to be primary beneficiaries of these powerful geopolitical tailwinds. The investment manager has full discretion to select securities, focusing on businesses with significant revenue exposure to Europe across vital industries. This includes companies in the aerospace and defence sector, which stand to gain from rising military budgets; energy companies, particularly those involved in renewables and nuclear power that enhance energy independence; and industrial and materials firms that are central to rebuilding Europe's manufacturing prowess. By investing in these key areas, the fund offers a targeted way to participate in what could be a multi-decade structural shift in the European economy, driven by a renewed focus on self-sufficiency and resilience in a changing world.