400590·ETC-CO2 Emission rights
SOL ICE Global Carbon
Introduction
The SOL ICE Global Carbon ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the ICE Global Carbon Futures Index(Excess Return)(Synthetic ETFs invest through a TRS provided by a securities companies)
Investment Points
ETF investing in global carbon emission rights
* Carbon emission rights: A right to emit six types of greenhouse gases, including carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), etc. Governments of various countries allocate rights (allowances) to companies allowing them to emit greenhouse gases in power generation or production facilities up to a certain capped amount (Cap). Companies can trade (Trade) their shortage or surplus of carbon emission rights using an emission trading system.
Benchmark Index
IHS Markit Global Carbon Index(Total Return)
Benchmark Index Description
The index is composed of the following eight types of highly liquid global carbon emission futures:
- Europe: ICE EUA Futures
- United Kingdom: ICE UKA Futures
- California: ICE-CCA Futures, CME-CCA Futures, Nodal-CCA Futures
- Northeastern United States: ICE-RGGI Futures, CME-RGGI Futures, Nodal-RGGI Futures
Issuer
Shinhan Asset Management Co., Ltd.
Brand
SOL
Total Fee
0.55
Listing Date
2021-09-30
International Securities Code
KR7400590006
Market Information
Market Capitalization
9,684,000,000KRW
Transaction Amount
23,061,354KRW
Trading Volume
1,884
Shares Outstanding
800,000
NAV
12,245
52-Week High
13,340KRW
52-Week Low
10,980KRW