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C5KE

Social & Economic Empowerment

UCITS ETF
Holdings 58
Expense ratio 0.49%
Ticker C5KE
ISIN IE0004EMZ4E0

Fund Vision

The CIRCA5000 Social & Economic Empowerment UCITS ETF (C5KE) aims to create equal social and economic opportunities for all. Inequalities transcend all aspects of society and the economy, and take many forms— from wealth inequality to gender and education, the negative impact of these inequalities is enormous. Boosting female employment rates alone could generate an additional $6 trillion in GDP (UN Women). C5KE seeks to invest in companies that are using their platforms to open up economic and social opportunities to underserved and undervalued populations. In turn, these companies will empower generations through enhanced access to services including education, financial services and technology. C5KE aims to deliver investment results corresponding to the impak CIRCA5000 Social & Economic Empowerment Impact Index.

As at 15/04/2024

Sub-theme Breakdown

Check out the specific areas of growth and innovation that this fund targets.

  1. Financial Services 58.3%
  2. Education 18.5%
  3. Accessible Technology 12.0%
  4. Market Access 5.7%
  5. Social Inclusion 5.6%

Positive Impact

We use external specialists to provide investment-grade data on the social and environmental outcomes of the companies within our funds.

  • 151M Bank accounts provided to previously excluded customers
  • 2M Previously excluded SME customers provided with loans
  • 32M Students provided with access to education

CIRCA5000's strategy is to invest in companies that manufacture products, or offer the services that generate a positive environmental or social impact. For example, the homeowner who buys solar panels for their home is ultimately responsible for the positive impact generated and the company that manufactured them is the facilitator. Therefore, by investing in these companies, CIRCA5000 supports users to generate a positive impact, but we are of course, not responsible for it on our own.

This impact is therefore 'associated' rather than direct. We source our data from two providers, Net Purpose and impak Analytics, to ensure we have the most robust and complete data possible.

Data is annual and based on the latest company reports, with some additional products and services estimates provided by Net Purpose.

As at 12/04/2024

Index Performance

Past performance is not a reliable indicator of future performance. The figures in the chart above refer to simulated past performance from the impak CIRCA5000 Social & Economic Empowerment Impact Index (ICSEEII) established by BITA (www.bitadata.com). It is calculated using backtested performance data from the underlying holdings of the CIRCA5000 Social & Economic Empowerment UCITS ETF (C5KE) and the data is backtested from 07/09/2012. The performance is backtested index data which has been sourced from the index provider bitadata and is based on what they perceive to be reasonable assumptions and objective data. The index currency is based in USD and gross of fees. Factors such as fund fees, trading fees and currency exchange rates may affect your return. The annual TER for C5KE is 0.49%.

As at 14/04/2024

Fund Holdings

Download spreadsheet
Name
HDFC Bank Ltd
8.3%
439 /1,000
Mastercard
7.1%
350 /1,000
AT&T
5.3%
299 /1,000
Elevance Health Inc
4.4%
247 /1,000
Molina Healthcare, Inc.
3.7%
559 /1,000
IHS Holdings
2.8%
514 /1,000
Adyen
2.8%
294 /1,000
Chegg
2.5%
603 /1,000
Fubon Financial Holding Co Ltd
2.4%
377 /1,000
Mercadolibre
2.3%
197 /1,000
Prudential Financial Inc
2.3%
260 /1,000
Fiverr International Ltd
2.3%
509 /1,000
Block Inc
2.1%
234 /1,000
Hang Seng Bank Ltd
2.1%
364 /1,000
Telefonica
2.1%
320 /1,000
Pearson
2.1%
395 /1,000
HealthEquity, Inc.
2.0%
373 /1,000
Itau Unibanco Holding S.A.
2.0%
264 /1,000
Shopify Inc
1.9%
140 /1,000
Qifu Technology Inc
1.8%
287 /1,000
Postal Savings Bank of China
1.7%
355 /1,000
Duolingo
1.7%
351 /1,000
Coursera
1.7%
411 /1,000
Medibank Private Ltd
1.7%
311 /1,000
Bancolombia S.A.
1.6%
291 /1,000
Bread Financial Holdings Inc
1.5%
336 /1,000
Nu Holdings Ltd.
1.5%
198 /1,000
Afya
1.5%
353 /1,000
Axis Bank Limited
1.4%
260 /1,000
Millicom International Cellular
1.4%
255 /1,000
Wise
1.4%
0 /1,000
State Bank of India
1.3%
384 /1,000
Jumia Technologies
1.3%
379 /1,000
Nerdy Inc
1.3%
287 /1,000
Laureate Ed
1.3%
237 /1,000
Strategic Education
1.2%
272 /1,000
Adtalem Global Education Inc
1.2%
258 /1,000
Benesse Holdings
1.2%
249 /1,000
FinVolution Group
1.2%
257 /1,000
Upwork
1.2%
272 /1,000
Amalgamated Bank
1.1%
250 /1,000
Euronet Worldwide Inc.
1.1%
223 /1,000
WELL Health Technologies Corp.
1.1%
266 /1,000
Open Up Group Inc
1.1%
235 /1,000
AMERISAFE Inc.
1.1%
241 /1,000
Docebo Inc
1.0%
233 /1,000
IDP Education
1.0%
230 /1,000
O-Bank Co Ltd.
0.6%
403 /1,000
Stride
0.4%
226 /1,000
China Tower Co. Ltd.
0.3%
212 /1,000
Banco Santander Chile
0.2%
218 /1,000
Udemy Inc
0.2%
222 /1,000
Mercari Inc
0.1%
217 /1,000
Informa
0.1%
173 /1,000
Liberty Latin America Ltd.
0.1%
185 /1,000
PowerSchool Holdings Inc
0.1%
185 /1,000
American Public Education Inc
0.1%
165 /1,000
Gaotu Techedu Inc.
0.0%
140 /1,000

As at 15/04/2024

Exposure Breakdown

Geography
USA
44.6%
24 Holdings
India
11.0%
3 Holdings
UK
6.4%
4 Holdings
China
5.1%
5 Holdings
Brazil
4.9%
3 Holdings
Canada
4.0%
3 Holdings
Taiwan
3.0%
2 Holdings
Netherlands
2.8%
1 Holding

As at 12/04/2024

Fund Details

Fund AUM
USD 5,665,800
NAV per share
USD 5.67
Number of holdings
58
Ticker (USD)
C5KE
Ticker (GBP)
CKEG
ISIN
IE0004EMZ4E0
Base Currency
USD
Income Treatment
Accumulating
Inception Date
05/06/2023
Primary Exchange
London Stock Exchange
Total Expense Ratio (TER)
0.49%
Domicile
Ireland
Replication Method
Physical - Full Replication
Index Ticker
ICSEEII
Index Provider
BITA GmbH
Issuer
CIRCA5000 ICAV
Promoter
CIRCA5000 UK Ltd
Investment Manager
Vident Advisory, LLC
Custodian
J.P. Morgan SE, Dublin Branch
SFDR Classification
Article 9
UCITS Compliant
Yes
UK Reporting Status
Yes
ISA Eligible
Yes
SIPP Eligible
Yes

Documents

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