VanEck Low Carbon Energy ETF (SMOG)

Overview

The fund is a specialized investment platform focused on advancing the transition to a low carbon economy. It dedicates a majority of its assets, specifically at least 80%, to stocks of companies engaged in the low carbon energy sector. This includes a broad spectrum of companies, from those involved in the production of renewable energy to those developing technologies and materials essential for sustainable energy consumption. The fund's interest spans across a wide range of company sizes, including small- and medium-capitalization companies, as well as those based in foreign countries. Despite its diversified interests within the low carbon energy domain, the fund maintains a non-diversified status, concentrating its investments in this particular sector.

Products and Services

• Renewable Energy Production

  Investment in companies that are dedicated to the production of energy from renewable sources such as wind, solar, hydroelectricity, and bioenergy. This category includes developers and operators of renewable energy facilities.

• Alternative Fuels

  This includes companies involved in the development and distribution of fuels that are alternatives to conventional fossil fuels. Examples include biofuels, hydrogen fuel cells, and synthetic fuels.

• Electric Vehicles (EVs)

  The fund invests in companies engaged in the development, manufacturing, and sale of electric vehicles. This also extends to businesses involved in the production of EV components, such as batteries and electric motors.

• Related Technologies and Building Materials

  Investments are made in companies that are innovating in the space of energy-efficient technologies and sustainable building materials. This can include advanced battery technologies for energy storage solutions and materials that reduce the carbon footprint of buildings.