Growth of USD 10,000



Fund Documents


Investment Strategy:

KARS is an index tracking passively managed UCITS ETF that seeks to measure the performance of Bloomberg Electric Vehicles ESG Screened Index. The fund is designed to track the performance of companies engaged in the production of electric vehicles and/or their components or engaged in other initiatives that may change the future of mobility. The Index includes issuers engaged in the electric vehicle production, autonomous driving, lithium and/or copper production, lithium-ion/lead acid battery production, hydrogen fuel cell manufacturing and/or electric infrastructure businesses. Companies involved in ESG controversies and controversial business activities are excluded.

KARS Features:

  • Access to global companies that operate in all areas of new transportation methods, passenger and freight, including electric vehicles, autonomous vehicles and shared mobility.
  • Exposure to companies that lead the development of vehicle connectivity like Internet of Vehicles (IoV) and Intelligent mobility.
  • Exposure to the growth brought on by increased demand for lithium-ion battery and non-ferrous metals like lithium due to electric vehicle adoption.
  • Exposure to equities listed in Mainland China, currently the world’s largest electric vehicle market.

Future Mobility Sector Highlights:

  • 57% of new car sales and over 30% of the global car fleet are projected to be electric by 2040.1
  • The global electric vehicle (EV) market was valued at $162 billion in 2019 and is projected to reach $803 billion by 2027.4
  • The global electric vehicle market is projected to command $2.7 trillion of total investment before 2040.2
  • Autonomous vehicles and the resulting ”passenger economy” are projected to create $8 trillion of value in the global economy.3

1.) Data from Bloomberg New Energy Finance as of 15/May/2020. Retrieved 31/Mar/2022.
2.) Morgan Stanley Research. “The EV Infrastructure 55: A Diversified Way to Play a Critical Enabler in the EV Theme.” Morgan Stanley. 17/Oct/2017. Retrieved 31/Mar/2022.
3.) Lanctot, Roger. “Accelerating The Future: The Economic Impact of the Emerging Passenger Economy.” Strategy Analytics. June 2017. Retrieved 31/Mar/2022.
4.) International Energy Agency. “Global EV Outlook 2020.” June 2020. Retrieved 31/Mar/2022.

Daily Performance

Data for USD share class as of 16/May/2024
Daily Net Asset Value (NAV)
NAV $16.41
NAV Daily Change 0.00%

Performance History

Cumulative %
Data for USD share class as of: 30/Apr/2024
Fund NAV Index
1 Month -2.66% -2.60%
3 Month 4.33% 4.73%
6 Month -6.92% -6.30%
YTD -15.51% -14.92%
Since Inception -35.48% -33.88%
Avg Annualized %
Data for USD share class as of month end: 30/Apr/2024
Fund NAV Index
1 Year -23.63% -22.51%
Since Inception -20.27% -19.26%
Avg Annualized %
Data for USD share class as of quarter end: 31/Mar/2024
Fund NAV Index
1 Year -26.06% -24.95%
Since Inception -19.91% -18.87%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Growth of USD 10,000

Data as of 16/May/2024

The Growth of USD 10,000 chart reflects an initial investment of USD 10,000 in the Fund's USD share class on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of USD 10,000 chart since inception, the initial investment of USD 10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a USD 10,000 investment in the fund is hypothetical and for illustration purposes only. Fund performance data used in this chart is based on Fund NAV and represents past performance. Past performance does not guarantee future results.

Top 10 Holdings

Data as of 17/May/2024 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 CONTEMPORARY A-A 4.91% 300750 CNE100003662 6,620 185,879
2 BYD CO LTD -A 4.57% 002594 CNE100001526 5,700 173,127
3 ALBEMARLE CORP 4.41% ALB US0126531013 1,275 167,178
4 SAMSUNG SDI CO LTD 3.82% 006400 KR7006400006 455 144,732
5 CMOC GROUP LTD-A 3.78% 603993 CNE100001NR0 119,000 143,035
6 TESLA INC 3.62% TSLA US88160R1014 772 136,999
7 PANASONIC HOLDINGS CORP 3.58% 6752 JP3866800000 15,900 135,501
8 SERES GROUP CO L-A 3.09% 601127 CNE1000028B9 9,600 117,090
9 GEELY AUTOMOBILE 2.97% 175 KYG3777B1032 86,000 112,675
10 LI AUTO INC-CLASS A 2.86% 2015 KYG5479M1050 8,800 108,188

Holdings are subject to change.


Data as of 16/May/2024
Exchange Ticker Currency Listing Date SEDOL ISIN
London Stock Exchange KARS LN USD 26/May/2022 BMF1F06 IE000YUAPTQ0
London Stock Exchange KARP LN GBP 22/Jul/2022 BP2VKR2 IE000YUAPTQ0
Borsa Italiana KARS IM EUR 02/Aug/2022 IE000YUAPTQ0
Deutsche Börse Xetra KARS EUR 10/Oct/2023 IE000YUAPTQ0

Each share class is offered in the base currency noted above. To the extent the fund holds exposure to any positions in a currency different to the base currency, that position is unhedged.