More than ever before, issues relating to climate change and its effects are shaping the current social debate. All over the world, states and organisations are negotiating new agreements, laws are being adapted or even newly created, and the discussion surrounding the Paris Climate Convention is becoming increasingly important. The energy turnaround, i.e. the change from fossil fuels to CO₂ neutral or even free energy sources such as wind and water power, is of central importance. Green hydrogen for variable applications is proving to be particularly efficient and promising. Green hydrogen is characterized by the fact that it is almost 100% CO₂ neutral, produced from renewable energies. However, as promising as hydrogen may be, this energy carrier has not yet reached the limit of profitable commercial use. Apart from the still relatively expensive production and complex transport processes, this also depends on the demand and support of the states. However, the EU for example, is planning to increase the capacity for the production of green hydrogen almost ten thousand times from the current 60 megawatts to 500 gigawatts in 2050. Goldman Sachs also sees enormous potential for the major producers of renewable energy through the green electricity required for electrolysis. According to the report, this should result in a global potential of up to EUR 10 trillion by 2050.
However, since the megatrend "green hydrogen" is still in an early stage with many challenges, Leonteq is taking a different approach than many other issuers with its listed tracker certificate on the H₂ Technology Index and is taking a broader view of the topic. The index, which is managed by the Hamburg-based asset manager Albrecht, Kitta & Co. as index sponsor, covers the entire value chain of the topic "hydrogen". The index contains 16 shares. These companies are active in the field of hydrogen production, storage and distribution or are users, for example in the industrial and mobility sectors. In addition, the index also includes energy producers geared to renewable energies. The index is globally oriented, but does not include companies that have their headquarters in the USA. The index sponsor rebalances the index on a quarterly basis, whereby the stocks in the index are weighted according to a ranking. At the time of the rebalancing, the share of individual companies is at least 2.50% but not more than 10%.
Management Fee: 1.10% p.a.
Index Sponsor: Albrecht, Kitta & Co. Vermögensverwaltung GmbH
Issuer: Leonteq Securities AG
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