Key Documents
FUND SUMMARY
The Rize Environmental Impact 100 UCITS ETF (LIFE) seeks to invest in the 100 most innovative and impactful companies that potentially stand to benefit from developing and applying solutions that address the world’s most pressing climatic and environmental challenges. This includes leaders and innovators across clean water, EVs, renewables and hydrogen, energy efficiency, waste and the circular economy and nature-based solutions. LIFE has been designed to address the six environmental objectives set out in the EU Taxonomy for Sustainable Activities: (1) Climate Change Mitigation; (2) Climate Change Adaptation; (3) The Sustainable Use and Protection of Water and Marine Resources; (4) The Transition to A Circular Economy; (5) Pollution Prevention and Control; and (6) The Protection and Restoration of Biodiversity and Ecosystems. LIFE seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Foxberry SMS Environmental Impact 100 Index.
KEY INFORMATION
- AUM ($USD): 29,350,962
- TER: 0.55%
- ISIN: IE00BLRPRR04
- Base Code: LIFE
- SFDR Classification: Article 9
- MSCI ESG Rating: AAA
INVESTMENT CASE
Our planet is under threat like never before. Temperatures are rising, rainfall patterns are shifting and sea ice cover is retreating. Oceans are acidifying, soils are degrading, aquifers are drying up and droughts and floods are now common – while exploitation and degradation of the earth’s remaining natural resources, habitats and biodiversity continues unabated. In The Vocation of Man, Johann Gottlieb Fichte wrote “you could not remove a single grain of sand from its place without thereby… changing something through all parts of the immeasurable whole”. He was talking about the butterfly effect – the sensitive dependence that small change can have broad, non-linear implications on a complex system. Our planet is a complex system, and our persistent assault on both its health and vitality has now started to alter its very fundamentals. The evidence is clear. Microplastics have been found in Antarctic ice for the first time. Canada’s last intact ice shelf has collapsed. Australia has seen some of the worst bushfires in history and locusts have swarmed Asia and the Middle East threatening food security and the livelihoods of millions of people. We have lost our balance with nature. And so – how can we restore it? How can we create a future in which both people and nature can thrive? We must make nature our ally, and look to restore the rich and biodiverse world we inherited. Our first-of-its-kind investment strategy and ETF – Europe’s first environmental impact ETF – provides investors with exposure to the 100 most innovative and impactful companies that are tackling the world’s most pressing climatic and environmental challenges. Companies across clean water, EVs, renewables and hydrogen, energy efficiency, waste and the circular economy and nature-based solutions that hold the promise of a greener future.
WHY LIFE?
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Favourable Growth Prospects
LIFE is Europe’s first environmental impact ETF, and provides investors with exposure to the top 100 companies that are developing innovative and impactful solutions in clean water, EVs, renewables and hydrogen, energy efficiency, waste and the circular economy and nature-based solutions.
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Powered by Sustainable Market Strategies®
LIFE is purpose-built in collaboration with Sustainable Market Strategies, an independent ESG intelligence firm based in Montreal, Canada, and leverages their unique insights and proprietary classification system of companies that are aligned with the environmental objectives set out in the EU Taxonomy for Sustainable Activities.
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Unconstrained Approach
LIFE’s composition transcends classic sector, size and geographic classifications by tracking an emerging theme.
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ETF Efficiency
In a single trade, LIFE delivers access to the top 100 companies that are favourably positioned to ride the tailwinds of the environmental impact opportunities theme.
Thematic Classification
LIFE invests in companies within the 10 sub-sectors of the Environmental Impact Opportunities thematic classification which have been extrapolated out of the 6 environmental objectives of the EU Taxonomy. The classification was built in partnership with sustainability experts Sustainable Market Strategies and is an enabling taxonomy designed for the investment and research communities with the aim of identifying the earth’s major environmental challenges and the most impactful companies and business activities that offer solutions to them.
ENVIRONMENTAL IMPACT 100
Renewable Energy Generation
Renewable Energy Equipment Manufacturers
Hydrogen and Alternative Fuels
Energy Efficiency
Green Transport
Climate Resilience
Clean Water
Circular Economy
Pollution Control
Nature-Based Solutions
Performance
Capital at risk. Past performance is not a reliable indicator of future results. The value of your investment and income generated will vary, your initial investment amount cannot be guaranteed. The return of your investment may increase or decrease as a result of currency fluctuations.
| Cumulative | ETF | Index | Tracking Difference |
|---|---|---|---|
| Year to date | |||
| 1 month | |||
| 3 months | |||
| 6 months | |||
| 1 year | |||
| Inception |
Capital at risk. Past performance is not a reliable indicator of future results. The value of your investment and income generated will vary, your initial investment amount cannot be guaranteed. The return of your investment may increase or decrease as a result of currency fluctuations.
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Top 10 Holdings
| Name | ISIN | Weight | CCY |
|---|---|---|---|
| ECOPRO CO LTD COM STK | KR7086520004 | 3.13 | KRW |
| ECOPROBM CO.LTD KRW500 | KR7247540008 | 2 | KRW |
| REXEL EUR5 | FR0010451203 | 1.37 | EUR |
| STANTEC INC COM | CA85472N1096 | 1.36 | CAD |
| ANSYS INC COM | US03662Q1058 | 1.36 | USD |
| ALFA LAVAL AB NPV | SE0000695876 | 1.32 | SEK |
| HORIBA LTD NPV | JP3853000002 | 1.27 | JPY |
| AURUBIS AG NPV | DE0006766504 | 1.26 | EUR |
| SMA SOLAR TECHNOLOGY AG NPV (BR) | DE000A0DJ6J9 | 1.26 | EUR |
| NIPPON PAPER INDUSTRIES CO JPY50 | JP3721600009 | 1.26 | JPY |
Full Fund Holdings
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Fund Details
| Net Assets | USD 29,350,962 |
| NAV per share | USD 4.3041 |
| Shares Outstanding | 6,819,267 |
| Total Expense Ratio | 0.55 |
| Inception | 14/07/2021 |
| ISIN | IE00BLRPRR04 |
| Base Code | LIFE |
| Base Currency | USD |
| Index Name | Foxberry SMS Environmental Impact 100 Index / FXBYLIFE |
| Thematic Classification | SMS Environmental Impact Opportunities Thematic Classification |
| Index Replication Method | Physical – full replication |
| Income Treatment | Accumulating |
| No. of holdings | 99 |
| 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 9 |
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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 | 05-Aug-21 | BNM5PD1 | VITA IM | LIFEE.MI |
| Deutsche Börse Xetra | EUR | 23-Jul-21 | BNM5PF3 | WRLD GY | WRLDG.DE |
| London Stock Exchange | USD | 23-Jul-21 | BNM5H57 | LIFE LN | RULIFE.L |
| London Stock Exchange | GBP | 23-Jul-21 | BNM5H68 | LVNG LN | LVNG.L |
| SIX Swiss Exchange | CHF | 10-Jan-22 | BNM5HK2 | ENVR SE | ENVR.S |
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Research & Insights
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.
LIFE is vulnerable to cyclical declines in the environmental sector.
Individual companies are subject to intense competition that may negatively impact their revenues and market values and therefore LIFE's value.
LIFE 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.
LIFE 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 LIFE or return property belonging to LIFE. (2) If the Index provider stops calculating the Index or if LIFE's license to replicate the Index is terminated, LIFE may have to be closed. (3) It may not always be possible to buy and sell LIFE 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 LIFE and investors can lose all the capital invested in LIFE. (5) Please refer to the “Risk Factors” section of the ICAV’s Prospectus and the Fund Supplement.
