Exposure to the price of carbon as driven by the world’s biggest and most developed emission trading schemes.
Medium to long term growth potential backed by global initiatives and regulations to reach net-zero targets.
Gain diversification with a unique asset class which is reasonably uncorrelated to other assets including oil prices.
Inception Date | 12 Dec 2022 |
Management Costs (% p.a.) | 0.45 |
Currency Hedged | No |
Domicile | Australia |
Legal Form | Managed Investment Scheme |
SMSF Eligible | Yes |
NAV/Unit (A$) | 8.40670000 |
Currency (NAV) | AUD |
Shares Outstanding | 120,000 |
AUM (A$) | 1,008,799.43 |
NAV History File | View |
GCO2 offers access to the world’s largest carbon markets covering the European Union Emissions Trading Scheme, Regional Greenhouse Gas Initiative, Western Climate Initiative (California cap and trade program) and the UK Emissions Trading Scheme.
The fund seeks to provide returns which correspond generally to the performance, before fees and expenses, of the ICE Global Carbon Futures Index (the “Index”). The fund is currently the lowest cost of its kind in Australia.
Ticker | GCO2 |
Bloomberg Code | GCO2 AU Equity |
ISIN | AU0000249096 |
Trading Hours | 10:00AM – 4:00PM |
Issuer | Global X Management (AUS) Limited |
Custodian | The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch |
Registrar | Computershare Investor Services Pty Limited |
Benchmark | ICE Global Carbon Futures Index (AUD Total Return) |
Provider | ICE Data Indices, LLC |
Ticker | ICBNAUDT |
Distribution Frequency | Annually |
Distribution History | View |
Total Return (Fund) | Total Return (Benchmark) | Tracking Difference | Tracking Error | |
---|---|---|---|---|
1 Month | -5.54% | -5.40% | -0.14% | 0.29% |
3 Months | 7.97% | 9.07% | -1.11% | 0.54% |
1 Year | -12.92% | -9.70% | -3.22% | 1.70% |
3 Year p.a. | -- | -- | -- | -- |
5 Year p.a. | -- | -- | -- | -- |
10 Year p.a. | -- | -- | -- | -- |
Since Inception p.a. | -10.57% | -7.84% | -2.73% | 1.57% |
Weight (%) | Name | Bloomberg Ticker | Market Price (Local) | Contracts Held | Notional Value (A$) |
---|---|---|---|---|---|
43.55 | ECX EMISSION Dec24 | MOZ24 Comdty | 68.05 | 4 | 439,151 |
25.85 | UK Emiss Allow Fu Dec24 | UKEZ4 Comdty | 45.71 | 3 | 260,723 |
22.71 | CA Carbon Allow 24Dec24 | CDBZ24 Comdty | 38.08 | 4 | 229,035 |
7.15 | RGGI Vintage 24 Dec24 | RJOZ24 Comdty | 23.98 | 2 | 72,115 |
Country/Region | Weight (%) | |
---|---|---|
European Union | 43.6 | |
United States | 29.9 | |
United Kingdom | 25.9 | |
Other/Cash | 0.6 |
Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.