Rize Circular Economy Enablers

ETF description

The is ETF seeks to invest in the leading enabling companies that potentially stand to benefit from our transition to a more circular economy. These are companies that view the shift to a circular economy as a means of achieving truly sustainable growth by decoupling productive economic activities from the linear consumption of the Earth’s finite resources and thereby reducing pressure on our ecosystems and environment. These are companies that are making a substantial contribution to ‘The Transition to a Circular Economy’ objective of the EU Taxonomy of Sustainable Activities, either through their own Circular Products and Services or through Enabling Products and Services that support (i.e. enable) other companies (i.e. industry practitioners) to enhance circularity within their own business models.

Issuer details

ARK Invest is an ETF provider specialising in thematic ETFs covering future‑oriented topics, disruptive technologies and megatrends. ARK Invest was founded in the USA in 2014 by economist and now world‑renowned investor Cathie Wood. Since 2016, ARK Invest is also active in the Asia‑Pacific region through a joint venture with the Japanese company Nikko Asset Management. In 2023, the company entered the European market with the acquisition of the European ETF provider Rize ETF.

Index details

The Foxberry SMS Circular Economy Enablers index is typically comprised of a mix of micro, small, mid, and large capitalisation companies. Micro and small capitalisation companies may be more vulnerable to adverse business or economic events than larger, more established companies and may underperform other segments of the market or the equity market as a whole. Securities of micro and small capitalisation companies generally trade in lower volumes, are less liquid, and are often more vulnerable to market volatility and greater and more unpredictable price changes than larger capitalisation stocks or the stock market as a whole.