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      How to Buy
          Rize

          Digital Payments
          Economy

          UCITS ETF (PMNT)

          Key Documents

          FUND SUMMARY

          The Rize Digital Payments Economy UCITS ETF seeks to invest in companies that potentially stand to benefit from the structural transition away from traditional cash payments to the speed and convenience of digital wallets, digital payments and digital currencies. The ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Foxberry Digital Payments Economy Index.

          KEY INFORMATION

          • AUM ($USD): 12,183,255
          • TER: 0.45%
          • ISIN: IE00BLRPRQ96
          • Base Code: PMNT
          • SFDR Classification: Article 8
          • MSCI ESG Rating: AA

          INVESTMENT CASE

          When people discuss the future of payments, they tend to predict the end of cash. Our view is different. We do not believe that cash will completely go away, but we do recognise that a new, powerful economy for digital payments is being born. An economy that offers speed, agility and convenience, and instils a sensibility that payments can happen seamlessly in the background as we hop in and out of Ubers. We can deduce much about the future of payments from the developing world, where digital wallets abound and have helped integrate thousands of unbanked communities. In the West, ecommerce growth, enthusiastic adoption of transparent payment experiences, and alternative payment methods are driving non-cash transaction momentum, merging with technologies like wearables, biometrics and blockchain, and challenging traditional banks – institutions that have long monopolised payment networks and hindered innovation and technological progress. Fortunately, these strangleholds are now unravelling. COVID-19, especially, has catalysed a cross-generational shift toward contactless payments and digital currencies. Our pioneering investment strategy and ETF – Europe’s new digital payments economy ETF – provides investors with exposure to companies that are creating this digital-first payments economy of tomorrow. The FinTech revolution is ushering in a new era in the way the world pays. For investors, this presents an opportunity.

          WHY PMNT

          • Favourable Growth Prospects

            PMNT is Europe’s new digital payments economy ETF, and provides investors with exposure to companies that are leading the structural transition toward online and digital payments, digital wallets and digital currencies.

          • Powered by Euromonitor®

            PMNT is purpose-built in collaboration with Euromonitor, a strategy research firm based in London, United Kingdom, and leverages their unique insights and proprietary classification system of companies that are leaders and innovators in the digital payments economy.

          • Unconstrained Approach

            PMNT’s composition transcends classic sector, size and geographic classifications by tracking an emerging theme.

          • ETF Efficiency

            In a single trade, PMNT delivers access to dozens of companies that are favourably positioned to ride the tailwinds of the digital payments economy theme.

          Thematic Classification

          PMNT invests in companies within the 5 sub-sectors of the Digital Payments Economy thematic classification built in partnership with strategy research group Euromonitor. The classification is an enabling taxonomy designed for the investment and research communities with the aim of identifying the key disruptive forces in FinTech and related companies and business activities that are powering the rise of our global digital payments economy.

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          DIGITAL PAYMENTS ECONOMY

          Card Payment Networks

          Payment Processors

          Payment Infrastructure Providers

          Payment Services and Solutions Providers

          Digital/Crypto Currency Pioneers

          Top 10 Holdings

          Name ISIN Weight CCY
          AFFIRM HLDGS INC CL A US00827B1061 2.85 USD
          WISE PLC CLS A ORD GBP0.01 GB00BL9YR756 2.84 GBP
          EVO PMTS INC CL A COM US26927E1047 2.74 USD
          FLYWIRE CORP COM VTG US3024921039 2.67 USD
          PAYONEER GLOBAL INC COM US70451X1046 2.48 USD
          COINBASE GLOBAL INC COM CL A US19260Q1076 2.45 USD
          BTRS HLDGS INC CL 1 COM US11778X1046 2.3 USD
          ADYEN NV EUR0.01 NL0012969182 2.28 EUR
          PAYPAL HLDGS INC COM US70450Y1038 2.2 USD
          WORLDLINE EUR0.68 FR0011981968 2.07 EUR

          Full Fund Holdings

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          Fund Details

          Net Assets USD 12,183,255
          NAV per share USD 3.5589
          Shares Outstanding 3,423,305
          Total Expense Ratio 0.45
          Inception 05/11/2021
          ISIN IE00BLRPRQ96
          Base Code PMNT
          Base Currency USD
          Index Name Foxberry Digital Payments Economy Index / FXBYPMNT
          Index Replication Method Physical – full replication
          Income Treatment Accumulating
          No. of holdings 69
          UCITS Yes
          Domicile Ireland
          Issuer Rize UCITS ICAV
          Promoter Rize ETF Limited
          Manager IQ EQ Fund Management (Ireland) Limited
          Investment Manager IQ EQ Fund Management (Ireland) Limited
          Depositary / Custodian Northern Trust Fiduciary Services (Ireland) Limited
          ISA Eligible (UK) Yes
          SIPP Eligible (UK) Yes
          Reporting Fund Status (UK) Yes
          Equity Fund (DE) Yes
          SFDR Classification Article 8

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          Registrations

          • Austria
          • Denmark
          • Finland
          • Germany
          • Ireland
          • Italy
          • Luxembourg
          • Netherlands
          • Norway
          • Spain
          • Sweden
          • Switzerland
          • United Kingdom

          Listings

          Exchange Currency Listing Date SEDOL Bloomberg Ticker RIC
          Borsa Italiana EUR 01-Dec-21 BNM5H24 PMNT IM PMNT.MI
          Deutsche Börse Xetra EUR 11-Nov-21 BNM5H35 PMNT GY PMNTG.DE
          London Stock Exchange USD 11-Nov-21 BNM5GZ0 PMNT LN PMNT.L
          London Stock Exchange GBP 11-Nov-21 BNM5H02 PAYG LN PAYG.L
          SIX Swiss Exchange CHF 10-Jan-22 BNM5H13 PMNT SE PMNT.S

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          Fund documents

          All Other Documents

          Risks

          All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

          As many of the companies invested in by PMNT are technology-focussed, PMNT is vulnerable to a cyclical decline in the value of the technology sector as a whole.

          Individual companies are subject to intense competition that may negatively impact their revenues and market values and therefore PMNT's value.

          PMNT also invests in small publicly-traded companies which may be less mature and therefore more vulnerable to adverse business or economic events and greater and more unpredictable price changes than larger companies, the technology sector as a whole or the stock market as a whole.

          PMNT invests in global equity securities. As such, there is a risk of loss arising from exchange rate fluctuations or exchange control regulations.

          Other: (1) Third-party service providers (such as the ICAV’s depositary) may go bankrupt and fail to pay money due to PMNT or return property belonging to PMNT. (2) If the Index provider stops calculating the Index or if PMNT's license to replicate the Index is terminated, PMNT may have to be closed. (3) It may not always be possible to buy and sell PMNT's Shares on a stock exchange or at prices closely reflecting the Net Asset Value. (4) There is no capital guarantee or protection on the value of PMNT and investors can lose all the capital invested in PMNT. (5) Please refer to the “Risk Factors” section of the ICAV’s Prospectus and the Fund Supplement.

          Contact Us

          Please note that we do not provide investment advice and we will only respond to general enquiries. We will not respond to any queries related to your individual circumstances. Individual investors are required to contact their professional adviser/broker for any investment related queries.

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