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HANetf announces significant reduction in expense ratios
ESG investment

HANetf announces significant reduction in expense ratios

This will make its solar and clean energy ETFs the lowest in the market and should benefit both current holders and new investors.
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5 JUN, 2023

By RankiaPro Europe


HANetf, Europe’s first and only independent white-label UCITS ETF and ETC platform, and leading provider of digital asset ETPs, is pleased to announce a notable reduction in the total expense ratios (TERs) for two of its prominent clean energy-focused funds: Solar Energy UCITS ETF (TANN) and HANetf S&P Global Clean Energy Select HANzero™ UCITS ETF (ZERO).[2]

TANN, Europe’s first solar energy ETF, will witness a substantial TER reduction from 69 basis points (bps) to 49 bps.[3] This reduction represents a 29% decrease in costs, delivering a significant improvement in the fund's overall cost structure. The move underscores HANetf's commitment to offering competitive pricing while delivering optimal investment outcomes for its clients.

In addition to this, ZERO, which provides pure-play exposure to global clean energy companies, will see its TER reduced from 55 bps to 39 bps—a decrease of 29%. ZERO also includes a carbon offset, allowing for carbon-neutral investing from the onset of the investment. The carbon offset costs are paid for within the TER and are not an extra cost.

As the global shift towards renewable energy intensifies, HANetf believes that reducing costs will attract a broader range of investors seeking to align their portfolios with sustainable objectives.

The updated TERs for both ETFs came into effect on 1st June 2023. Existing investors will automatically benefit from the reduced expense ratios, while new investors can take advantage of the improved cost structure immediately. 

All performance figures are showing net data. Past performance is not indicative of future performance and when you trade ETFs, your capital is at risk.

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