L&G Hydrogen Economy

ETF description

This ETF invests in companies that are involved in the development and expansion of the hydrogen economy, focusing on businesses that produce, store, and distribute hydrogen as an alternative energy source. It includes companies that are advancing hydrogen technologies, such as fuel cells and electrolysis, as well as those that are exploring hydrogen’s use in industries like transportation and energy generation.

This ETF might appeal to investors who are interested in the future of renewable energy and sustainable development, particularly those looking to invest in companies that are helping to reduce carbon emissions through alternative energy sources.

Issuer details

Legal & General Investment Management (LGIM) is one of Europe’s largest asset managers and a subsidiary of Legal & General Group plc. With over £1.5 trillion in assets under management as of June 2024. Established in 1836, LGIM has a long history and is known for its strong focus on index investing, providing investors with cost‑effective and diversified exposure to various markets. LGIM is also recognized for its innovative ESG integration across its investment strategies and expertise in liability‑driven investment (LDI) solutions. Notable ETFs include the L&G Global Technology Leaders UCITS ETF and the L&G Cyber Security UCITS ETF, reflecting LGIM’s commitment to providing access to innovative and thematic investment themes. LGIM offers a range of investment solutions and covers various market segments.

Index details

The Hydrogen Economy index offers investors a measure of performance for companies involved in the hydrogen sector, reflecting the growth and development of hydrogen as a clean energy solution. By focusing on firms engaged in hydrogen production, storage, distribution, and utilization, the index provides targeted exposure to an emerging and innovative industry.