FRANKFURT, Germany (October 26, 2022) – MarketVector IndexesTM announced the licensing of the MVIS® Global Circular Economy ESG Index (ticker: MVCIRC) to underlie Circular Economy UCITS ETF.
As more investors seek investment vehicles that align with their values, the MVIS® Global Circular Economy ESG Index (ticker: MVCIRC) tracks the performance of companies contributing to the circular economy, including water purification and treatment products/services, waste-to-energy and biofuels, waste management services that include recycling services, metal recycling services. MVCIRC covers at least 90% of the investable universe.
“Sustainable and impact indexes provide ESG-aware investors with thematic exposures supported by real investment cases,” said Josh Kaplan, Global Head of Research and Investment Strategy at MarketVector IndexesTM. “The theme of circular economy is one example, where regulation and shifting consumer preferences are converging on industry. Not only do these companies contribute to reduction of pollution and carbon emissions but they can also increase economic productivity.”
The MVIS® Global Circular Economy ESG Index (ticker: MVCIRC) expands MarketVector IndexesTM´ growing ESG index line-up using Institutional Shareholder Services (ISS) ESG data to design targeted thematic indexes with positive sustainable objectives.
“Our planet's resources are becoming increasingly stretched and the world is struggling with the waste generated by single-use products,” said Martijn Rozemuller, CEO of VanEck Europe. “The Circular Economy ETF provides access to companies that effectively contribute to recycling or other forms of resource efficiency that so many investors are looking for.”
Detailed information about the index, including methodology details and index data, is available on the MarketVector IndexesTM website.