Social & Economic Empowerment
UCITS ETF
Fund Vision
The CIRCA5000 Social & Economic Empowerment UCITS ETF (C5KE) aims to create equal social and economic opportunities for all. Inequalities transcend all aspects of society and the economy, and take many forms— from wealth inequality to gender and education, the negative impact of these inequalities is enormous. Boosting female employment rates alone could generate an additional $6 trillion in GDP (UN Women). C5KE seeks to invest in companies that are using their platforms to open up economic and social opportunities to underserved and undervalued populations. In turn, these companies will empower generations through enhanced access to services including education, financial services and technology. C5KE aims to deliver investment results corresponding to the Bita CIRCA5000 Social & Economic Empowerment Impact Index.
As at 08/05/2024
Sub-theme Breakdown
Check out the specific areas of growth and innovation that this fund targets.
- Financial Services 57.2%
- Education 18.1%
- Accessible Technology 12.7%
- Market Access 6.4%
- Social Inclusion 5.5%
Positive Impact
We use external specialists to provide investment-grade data on the social and environmental outcomes of the companies within our funds.
- 151M Bank accounts provided to previously excluded customers
- 2M Previously excluded SME customers provided with loans
- 32M Students provided with access to education
CIRCA5000's strategy is to invest in companies that manufacture products, or offer the services that generate a positive environmental or social impact. For example, the homeowner who buys solar panels for their home is ultimately responsible for the positive impact generated and the company that manufactured them is the facilitator. Therefore, by investing in these companies, CIRCA5000 supports users to generate a positive impact, but we are of course, not responsible for it on our own.
This impact is therefore 'associated' rather than direct. We source our data from Net Purpose to ensure we have the most robust and complete data possible.
Data is annual and based on the latest company reports, with some additional products and services estimates provided by Net Purpose.
As at 07/05/2024
Index Performance
Past performance is not a reliable indicator of future performance. The figures in the chart above refer to simulated past performance from the Bita CIRCA5000 Social & Economic Empowerment Impact Index (BCSEEII) established by BITA (www.bitadata.com). It is calculated using backtested performance data from the underlying holdings of the CIRCA5000 Social & Economic Empowerment UCITS ETF (C5KE) and the data is backtested from 07/03/2014. The performance is backtested index data which has been sourced from the index provider BITA and is based on what they perceive to be reasonable assumptions and objective data. The index currency is based in USD and gross of fees. Factors such as fund fees, trading fees and currency exchange rates may affect your return. The annual TER for C5KE is 0.49%. The index was changed on 07/05/2024 due to a change in impact data provider.
As at 08/05/2024
Fund Holdings
Download spreadsheetAs at 08/05/2024
Exposure Breakdown
As at 07/05/2024
Fund Details
Risks
Equity Risk
The fund may invest in equity securities which are subject to greater fluctuations than other assets. Factors which may affect the fluctuation including economic conditions, industry or company news. High volumes of trading may also see increased transaction costs.
Thematic Risk
The Fund may be subject to the risks associated with, but not limited to, investing in companies with a material exposure to the climate transition. These risks include the obsolescence of intellectual property as technology evolves and changes in regulation or government subsidies that may affect the revenue or profitability of a company.
Operational Risk
The Fund and its assets may experience material losses as a result of technology/system failures, human error, policy breaches, and/or incorrect valuation of units.
Market Risk
The risk that the market will go down in value, with the possibility that such changes will be sharp and unpredictable.
Currency Risk
Some of the Fund’s investments may be denominated in currencies other than the Fund’s base currency (USD) therefore investors may be affected by adverse movements of the denominated currency and the base currency.
Sustainability Risk
The Manager, acting in respect of the Fund, through the Investment Manager as its delegate, integrates sustainability risks into the investment decisions made in respect of the Fund. Given the investment strategy of the Fund and its risk profile, the likely impact of sustainability risks on the Fund’s returns is expected to be low.
Derivative Risk
The Fund may invest in Financial Derivative Instruments (FDIs) to hedge against risk, to increase return and/or for efficient portfolio management. There is no guarantee that the Fund’s use of derivatives for any purpose will be successful. Derivatives are subject to counterparty risk (including potential loss of instruments) and are highly sensitive to underlying price movements, interest rates and market volatility and therefore come with a greater risk.
