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 impak CIRCA5000 Social & Economic Empowerment Impact Index.
As at 29/11/2023
Sub-theme Breakdown
Check out the specific areas of growth and innovation that this fund targets.
- Financial Services 42.5%
- Education 25.3%
- Accessible Technology 14.9%
- Market Access 12.5%
- Social Inclusion 4.8%
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 two providers, Net Purpose and impak Analytics, 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 27/11/2023
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 Impak CIRCA5000 Social & Economic Empowerment Impact Index (ICSEEII) 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 07/09/2012. The performance is backtested index data which has been sourced from the index provider bitadata 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%.
As at 29/11/2023
Exposure Breakdown
As at 28/11/2023
