The Rize Pet Care UCITS ETF (PETZ) seeks to invest in companies that potentially stand to benefit from the rise in ownership and humanisation of pets, the adoption of fresh and wholesome foods and diets for pets, growing demand for pet healthcare and veterinary products and services and the valuable contribution pets make to our overall mental health and well-being. PETZ seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Foxberry Pet Care Index.
- AUM ($USD): 2,209,959
- TER: 0.45%
- ISIN: IE000QRNAC66
- Base Code: PETZ
- SFDR Classification: Article 8
- MSCI ESG Rating: AAA
There are many reasons why humans love their pets. The need for comfort and security, the pursuit of companionship and loyalty and the desire to provide care are some of the most common. Over the last 20 years, pets have gone from sleeping in our backyards to sleeping in our beds. They have become treasured members of our families and we have transitioned from pet owners to pet parents. In his book, “The Animals Among Us: How Pets Make Us Human”, anthrozoologist John Bradshaw argues that pet-keeping is an intrinsic part of human nature. That pets are humanised more and more is a natural expression of our tendency to treat pets like our own children the more we observe their receptiveness to things we enjoy ourselves. This humanisation of pets has also shaped a new, more nurturing type of pet ownership. We have seen the rise of premiumisation in pet products and services, the introduction of sustainability in protein sourcing and flavourings and the emergence of a digitally-native pet parent that favours online subscriptions. We have also seen growth in people’s desires to have pet relationships. With the decline of the nuclear family, many single-person households, unmarried and childless families are now adopting pets. The growth of our aging population and empty nesters has also led to greater adoption of furry companions. This backdrop presents an optimistic outlook for the pet care sector. Our first-of-its-kind investment strategy and ETF – Europe’s first pet care ETF – provides investors with exposure to companies that are benefitting from the rise of the global pet economy. These are companies that are enabling our pets to lead happy and healthy lives.
Favourable Growth Prospects
PETZ is Europe’s first pet care ETF, and provides investors with exposure to companies that stand to benefit from the rise in ownership and humanisation of pets.
Powered by Euromonitor®
PETZ 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 meaningfully exposed to pet care products and services.
PETZ’s composition transcends classic sector, size and geographic classifications by tracking an emerging theme.
In a single trade, PETZ delivers access to dozens of companies that are favourably positioned to ride the tailwinds of the pet care theme.
PETZ invests in companies within the 4 sub-sectors of the Pet Care 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 pet industry categories and related companies and business activities that stand to benefit from the rise in ownership and humanisation of pets, the adoption of fresh and wholesome foods and diets for pets, growing demand for pet healthcare and veterinary products and services and the valuable contribution pets make to our overall mental health and well-being.
Top 10 Holdings
|IDEXX LABS INC COM||US45168D1046||10.26||USD|
|TRUPANION INC COM||US8982021060||9.91||USD|
|FRESHPET INC COM||US3580391056||8.53||USD|
|ZOETIS INC COM USD0.01 CL ‘A’||US98978V1035||7.79||USD|
|ELANCO ANIMAL HEALTH INC COM||US28414H1032||6.52||USD|
|PETCO HEALTH & WELLNESS CO INC CL A COMA||US71601V1052||6.23||USD|
|NEOGEN CORP COM||US6404911066||6.12||USD|
|SYMRISE AG NPV (BR)||DE000SYM9999||5.09||EUR|
|PATTERSON COS INC COM||US7033951036||5.05||USD|
|Net Assets||USD 2,209,959|
|NAV per share||3.8434|
|Total Expense Ratio||0.45|
|Index Name||Foxberry Pet Care Index / FXBYPETZ|
|Thematic Classification||Euromonitor’s Classification for Pet Care|
|Index Replication Method||Physical – full replication|
|No. of holdings||22|
|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|
- United Kingdom
|Exchange||Currency||Listing Date||SEDOL||Bloomberg Ticker||RIC|
|Borsa Italiana||EUR||26-Apr-22||BMX8CR5||PETZ IM||PETZ.MI|
|Deutsche Börse Xetra||EUR||05-Apr-22||BMX8CS6||KATZ GY||KATZ.DE|
|London Stock Exchange||USD||05-Apr-22||BMX8907||PETZ LN||PETZ.L|
|London Stock Exchange||GBP||05-Apr-22||BMX8918||PAWZ LN||PAWZ.L|
|SIX Swiss Exchange||CHF||13-Jun-22||BMX8929||PETZ SE||PETZ.S|
Research & Insights
FEATURED ARTICLE In 2020, the pet population in Western Europe increased substantially. More time spent at home as a result…
The number of pet parents soared during the pandemic and this momentum has shown little sign of slowing. Several key…
FEATURED ARTICLE Working remotely, pet owners continue to spend greater time with their pets, treating them as family members and…
When you think of thematic investing in this day and age, your mind probably goes straight away to technology or…
The Fund may be subject to the risks associated with the pet care industry including (1) changes in the levels of consumer spending on pets and pet products whether as a result of recession or other economic factors, (2) fierce domestic and international competition, (3) the risk of obsolescence of existing products and services, (4) the loss of patent, copyright and trademark protections and (5) evolving industry standards or regulatory requirements. The foregoing may lead to reduced revenues and/or profit margins for individual companies and/or companies operating in particular segments of the pet care industry.
Some companies may be smaller and less experienced companies, with limited product lines, markets or financial resources and fewer experienced management or marketing personnel. They may experience extreme price and volume fluctuations that are often unrelated to their operating performance.
The Index is typically comprised of a mix of small, mid and large capitalisation companies. Small capitalisation companies may be more vulnerable to adverse business or economic events than larger, more established companies and may underperform other segments of the market or the equity market as a whole. Securities of small capitalisation companies generally trade in lower volumes, are less liquid (i.e. less readily trade-able) and are often more vulnerable to market volatility (i.e. greater and more unpredictable price changes) than larger capitalisation stocks or the stock market as a whole.
Other: (1) Third party service providers (such as the ICAV’s depositary) may go bankrupt and fail to pay money due to the Fund or return property belonging to the Fund. (2) If the Index provider stops calculating the Index or if the Fund’s license to replicate the Index is terminated, the Fund may have to be closed. (3) It may not always be possible to buy and sell the Fund’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 the Fund and investors can lose all the capital invested in the Fund. (5) Please refer to the “Risk Factors” section of the ICAV’s Prospectus and the Fund Supplement.