5.25500 EUR
0.018
0.34%
Last update Dec 17, 7:30 PM CET
Market closed
Day range
5.25
5.32400
Previous close
5.27300
Open
5.30900
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L&G Hydrogen Economy ETF
5.26
0.02
0.34%

Overview

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Description

The L&G Hydrogen Economy ETF is an exchange-traded fund that focuses on investments within the burgeoning hydrogen sector, aiming to provide investors exposure to the expanding hydrogen economy. Its primary function is to track the performance of an index that comprises companies dedicated to the generation, distribution, storage, and utilization of hydrogen as a clean energy source. Notably, this ETF invests in businesses across different stages of the hydrogen industry, including technology developers, equipment manufacturers, and fuel cell producers, reflecting the integral parts of the hydrogen supply chain. Hydrogen is increasingly viewed as a critical component in transitioning to a low-carbon global economy, and this ETF captures the significant potential growth within the sectors driving innovation in renewable energy and sustainable technological advancements. By covering a diversified range of companies, from established industry leaders to emerging entities worldwide, the L&G Hydrogen Economy ETF plays a pivotal role in providing market participants access to this transformative energy sector. Through this focused investment strategy, the ETF aids in promoting awareness and capital flow towards sustainable energy solutions, aligning its interest with global environmental and policy shifts towards carbon neutrality.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
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