Frankfurt (26 April 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the MVIS Low Carbon Energy Index (ticker: MVSMOGTR) to VanEck for their Low Carbon Energy product that invests in stocks ofthe largest and most liquid companies in the low carbon energy segment.
“We are pleased to announce that another fund of VanEck has converted to a MVISindex. The MVIS Low Carbon Energy Index is an innovative index that targetscompanies developing the low carbon energy segment”, said Thomas Kettner, COOat MV Index Solutions.
The MVIS LowCarbon Energy Index (ticker: MVSMOGTR) provides exposure tocompanies that derive 50% of revenue, operating activity, or energy generationcapacity from renewable sources of energy, the development of relatedtechnologies, or sustainable building products that reduce energy consumption.Renewable sources of energy include: wind, solar, geothermal, hydro, hydrogen,waste, and biofuels. In addition, the index may include companies that derive50% of revenue or operating activity from electric vehicles and relatedtechnologies, air purification, smart grid, fuel cells and/or lithium-ion orother advanced battery technologies.
The MVIS Low Carbon Energy Index (ticker: MVSMOGTR) is weighted by free floatmarket capitalisation and is calculated in USD as a price and a total returnnet index. The index covers at least 95% of the investable universe and isreviewed on a quarterly basis. Detailed information about the indices, includingmethodology details and index data are available on the MV Index Solutions website.
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