Blue Horizon BNE ETF
Ticker: BNE
Exchange: NYSE arca
Listing Date: December 9, 2020
CUSIP: 26922B303
Expense ratio: 0.87%
Index provider: Blue Horizon Capital LLC
Index: Blue Horizon New Energy Economy 100 Index
Constituents: 100
The Index consists of a portfolio of approximately 100 U.S. and foreign companies from the following New Energy Economy Sectors
Electric Vehicles & Other New Energy Consuming Applications
Companies whose core products, services, technologies, or intellectual property are being transformed by advances in the way energy is used or consumed (e.g., electric vehicles, portable consumer devices and electronics, devices that improve mobility, and tools).
Energy Distribution
Companies driving advancements in the distribution of energy (e.g., micro grids, distributed energy systems, smart grids, charging infrastructure and services, and related infrastructure).
Energy Storage
Companies developing new technologies, products, or services for the storage of energy (e.g., batteries, thermal units, mechanical units, chemical units, and related battery sub-components).
Energy Materials
Companies engaged in activities related to the mining and production or refinement of critical elements, critical intermediates, specialty materials, performance materials, advanced material systems, and sub-systems used across the New Energy Economy.
Energy Generation
Companies engaged in making clean or alternative energy generation more cost effective, safe, and sustainable (e.g., energy generation from solar, wind, hydrogen, fusion, fission, geothermal, biofuels, and clean fuels).
Methodology
- Companies eligible for inclusion in the Index are those included in the Blue Horizon New Energy Economy Universe, a proprietary database of companies in the New Energy Economy Sectors listed above.
- Companies in the BH Universe are then screened for investibility requirements including a market capitalization in excess of $200 million and a minimum average daily value traded of $1 million.
- Companies in the BH Universe are then further screened for relevance to their applicable New Energy Economy Sectors, and assigned a score based on revenue, market share, growth, and technology leadership relative to their New Energy Economy Sectors.
- Companies with stronger ties to the New Energy Economy Sectors receive higher scores, and the companies with the highest scores are included in the Index, subject to a maximum of 30 companies in any one New Energy Economy Sector.
Prospectus is here.
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