SULR

Sustainable Energy II ETF

NOW IS THE TIME FOR SUSTAINABLE ENERGY


The time has come for sustainable energy. Traditional fossil fuels are simply not competitive.

Sustainable energy is now cheaper than conventional energy. In fact, solar and wind have become the cheapest form of energy for most of the planet.
(Source: Bloomberg New Energy Finance)

Politically, the world seems to be finding the will to deal with climate change. Biden’s clean new energy plan, the China green revolution and the EU’s plan to reduce carbon are all large scale plans to embrace clean, sustainable energy.

SULR is actively managed and fully transparent. The Fund is approximately equally weighted and holds 30 positions. It is the twin of the Guinness Atkinson Alternative Energy Fund (GAAEX) which launched in 2006.

FUND DESCRIPTION


The SmartETFs Sustainable Energy II ETF invests in companies poised to benefit from the shift to sustainable energy. This includes companies that we believe provide or support alternative or renewable sources of energy (as compared to more traditional sources of energy that can be environmentally depletive, such as fossil fuels like oil or coal or other hydrocarbon-based fuels), or that produce, generate, transport, deliver, or extend energy applications in a way that makes alternative or renewable energy more efficient or accessible.

The ETF is actively managed and fully transparent, investing in 30 approximately equally weighted positions on a global basis. 

OBJECTIVE


The SmartETFs Sustainable Energy II ETF seeks long term appreciation by investing in equity securities of companies that provide or support alternative or renewable sources of energy.

PERFORMANCE
Performance data over 1 year is annualized
As of Month End 08/31/2021FUND NAVMARKET PRICEINDEX
1 Month3.87%3.74%2.49%
3 Months9.33%9.09%5.88%
6 Months8.15%7.78%16.14%
Year to Date13.06%12.66%17.94%
Since Inception33.83%36.32%26.63%

As of Quarter End 06/30/2021FUND NAVMARKET PRICEINDEX
1 Month3.78%3.97%1.37%
3 Months4.96%5.18%7.74%
6 Months7.33%7.37%13.05%
Year to Date7.33%7.37%13.05%
Since Inception27.04%29.92%21.38%

Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than quoted. Performance data for the most recent month-end is available above.

30-DAY MEDIAN BID/ASK SPREAD as of 09/24/20210.2700%

 

PREMIUM/DISCOUNT


PREMIUM/DISCOUNTCalendar Year 2020Q1 2021
Days traded at premium3449
Days traded at discount214

 

SULR Premium Discount NAV to Closing Price:
Inception to Q2 2021

HOLDINGS as of 09/24/2021
NET ASSETS %TICKERNAMEDESCRIPTIONMARKET PRICE ($)SHARES HELDMARKET VALUE ($)CUSIP
4.58CASHCASH1.00247,286247,286.38CASH
4.16SUSCHNEIDER ELEC SACOMMON STOCK175.581,280224,737.23F86921107
4.11916CHINA LONGYUAN POWER GROCOMMON STOCK2.3196,000221,956.77Y1501T101
3.94NEENEXTERA ENERGY INCCOMMON STOCK80.702,640213,048.0065339F101
3.93THRMGENTHERM INCCOMMON STOCK82.502,576212,520.0037253A103
3.92RNWTRANSALTA RENEWABLES INCCOMMON STOCK15.3313,808211,675.39893463109
3.90NIBEB1NIBE INDUSTRIER AB-B SHSCOMMON STOCK13.9015,184211,030.20W6S38Z126
3.90ONON SEMICONDUCTOR CORPCOMMON STOCK49.294,272210,566.88682189105
3.79HLEHELLA GMBH & CO KGAACOMMON STOCK70.792,896205,002.25D3R112160
3.79956CHINA SUNTIEN GREEN ENERCOMMON STOCK1.01202,000204,976.05Y15207106
↓ FULL HOLDINGS ↓
HOLDINGS as of 09/23/2021
NET ASSETS %TICKERNAMEDESCRIPTIONMARKET PRICE ($)SHARES HELDMARKET VALUE ($)CUSIP
4.89CASHCASH1.00265,855265,855.34CASH
4.85956CHINA SUNTIEN GREEN ENERCOMMON STOCK0.97272,000263,823.22Y15207106
4.68NIBEB1NIBE INDUSTRIER AB-B SHSCOMMON STOCK14.1617,984254,712.28W6S38Z126
4.43ONON SEMICONDUCTOR CORPCOMMON STOCK49.364,880240,876.80682189105
4.20SUSCHNEIDER ELEC SACOMMON STOCK178.461,280228,432.89F86921107
4.02916CHINA LONGYUAN POWER GROCOMMON STOCK2.2896,000218,787.27Y1501T101
3.94NEENEXTERA ENERGY INCCOMMON STOCK81.272,640214,552.8065339F101
3.89THRMGENTHERM INCCOMMON STOCK82.112,576211,515.3637253A103
3.85968XINYI SOLAR HOLDINGS LTDCOMMON STOCK2.1896,000209,660.84G9829N102
3.79HLEHELLA GMBH & CO KGAACOMMON STOCK71.202,896206,187.73D3R112160
↓ FULL HOLDINGS ↓

The Adviser has contractually agreed to reduce its fees and/or pay ETF expenses in order to limit the Fund’s total annual operating expenses to 0.79% through June 30, 2025. This is subject to change at any time.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

Prices of energy, whether traditional or sustainable, may fluctuate or decline due to many factors, including international political or economic developments, real or perceived, demand for energy and sustainable energy, production and distribution policies of OPEC (Organization of Petroleum Exporting Countries) and other oil-producing countries, energy conservation projects, changes in governmental regulations affecting companies in the energy sector, including Sustainable Energy companies, changes in technology affecting Sustainable Energy, and changes in tax regulations relating to energy.

A decline in energy prices would likely have a negative effect on securities held by the ETF. The ETF’s focus on the energy sector to the exclusion of other sectors exposes the ETF to greater market risk and potential monetary losses than if the ETF’s assets were diversified among various sectors.