Frankfurt(31 March 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the MVIS Global Hydrogen Economy Index (ticker: MVHTWO) to VanEck for the use in an UCITS compliant ETF that allowsinvestors to invest in a global selection of companies in the hydrogen industrysuch as hydrogen producers, fuel cell manufacturers or companies in theelectrolysis sector.
“We are pleased to license our MVIS Global HydrogenEconomy Index to VanEck providing their new product with a pure-play benchmarkfor this transformative clean-energy-related theme,” said Josh Kaplan, GlobalHead of Research at MV Index Solutions.
“Investors are increasingly looking forinvestment opportunities in sustainable technologies and solutions for thefuture,” explains Dominik Schmaus, Product Manager at VanEck. “With our VanEckETF, we offer them the opportunity to invest broadly in the future technologyof hydrogen to participate in the long-term CO2 reduction in many sectors ofthe economy.“
The MVIS Global Hydrogen Economy Index tracks the performance of the global hydrogen economy. The index is weighted by free floatmarket capitalisation and is calculated in USD as a price and a total returnnet index. Capping factors are applied to avoid overweighting of single indexcompanies. The index is reviewed on a quarterly basis. Detailed informationabout the indices, including methodology details and index data are availableon the MV Index Solutions website.
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