400580·ETC-CO2 Emission rights
SOL S&P EUA(H)
Introduction
The SOL S&P EUA(H) ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P GSCI Carbon Emission Allowances(EUA)(EUR)ER (A derivative-type ETF that invests more than 60% in futures)
Investment Points
ETF Investing in European Carbon Emission Allowances
* Carbon Emission Allowances: These are rights to emit six types of greenhouse gases, including carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O). Governments grant companies the right (Allowance) to emit greenhouse gases from power or production facilities up to a set cap. Companies can trade their shortfall or excess of carbon emission allowances using an emissions trading system.
**As a currency-hedged product, the impact of profit and loss fluctuations due to changes in the USD/KRW exchange rate is relatively small.
Benchmark Index
S&P GSCI Carbon Emission Allowances(EUA)(EUR)ER
Benchmark Index Description
An index that tracks the price of European carbon emission allowances futures (ICE EUA futures), which are the center of the carbon emissions trading market.
Issuer
Shinhan Asset Management Co., Ltd.
Brand
SOL
Total Fee
0.55
Listing Date
2021-09-30
International Securities Code
KR7400580007
Market Information
Market Capitalization
10,764,000,000KRW
Transaction Amount
49,444,185KRW
Trading Volume
4,133
Shares Outstanding
900,000
NAV
11,981
52-Week High
12,075KRW
52-Week Low
7,740KRW