This episode of The Australian Finance Podcast features a review of the Global X Hydrogen ETF (ASX: HGEN).
Kate and Owen cover how HGEN works, why hydrogen energy is a global conversation right now, where to buy units in HGEN and how it could be used in a portfolio.
Before we start please note, this is not a recommendation from Kate, Owen or the Rask Team, and neither Kate or Owen hold a position in HGEN. Global X is a long term partner of The Australian Finance Podcast.
This episode is part of our monthly series where we dive into a share/ETF and provide you with a high level overview. Free free to pitch a company/ETF to us via Twitter, Instagram or our question form.
What is the Global X Hydrogen ETF (ASX: HGEN)?
The Global X Hydrogen ETF (ASX: HGEN) seeks to invest in companies that stand to benefit from the advancement of the global hydrogen industry.
This includes companies involved in hydrogen production; the integration of hydrogen into energy systems; and the development/manufacturing of hydrogen fuel cells, electrolyzers, and other technologies related to the utilization of hydrogen as an energy source.
Inception date: 6th October 2021
Management Fees: 0.69% p.a — the average is just under 0.5% (so you know this should be a satellite ETF)
Fund Size: $64 M
Approx Holdings: 30
Benchmark: Solactive Global Hydrogen ESG Index
Domicile: Australia
Distributions: Annually (DRP avail)
ETF Registry: Computershare
Custodian: The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Issuer: Global X Management (AUS) Limited
