- International shares
Exposure to a portfolio of leading global companies in the solar energy industry
TANN aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of leading global companies in the solar energy industry.
Benefits of TANN
Access the growth potential of the solar energy industry
The demand for solar powered energy solutions is set to grow strongly in coming decades, reflecting both solar energy’s critical role in efforts to combat global warming, and its rapidly improving cost competitiveness.
Exposure to leading solar energy companies
TANN provides exposure to leading global companies in the solar energy industry including solar panel manufacturers, inverter suppliers, installers, manufacturers of solar powered charging and energy storage systems, and providers of solar project finance.
Convenient, cost-effective exposure
With management costs of only 0.69% p.a. (or $69 for every $10,000 invested), TANN provides cost-effective exposure to the solar energy thematic in a single ASX trade.*
* Certain additional costs apply. Please refer to PDS.
There are risks associated with an investment in TANN, including market risk, sector concentration risk, international investment risk and regulatory risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like any share on the ASX.
- Fund requires no minimum investment.
|% Change (prev day)|
* Data is delayed by at least 20 minutes.
* As at 6 December 2023
|Net assets* ($A)||$3,012,308|
|Units outstanding* (#)||350,000|
|Management fee and cost** (p.a.)||0.69%|
|Registry||Link Market Services|
* As at 6 December 2023* As of close of previous day
**Certain additional costs apply. Please refer to PDS.
|iNAV IRESS code||TANN.ASX|
|Market makers||Susquehanna Pacific|
|Index||Solactive EQM Global Solar Energy Index|
|Index provider||Solactive AG|
|Bloomberg index ticker||SOLARANR Index|
Holdings & allocation
|FIRST SOLAR INC||7.7%|
|ENPHASE ENERGY INC||7.0%|
|HANNON ARMSTRONG SUSTAINABLE I||5.5%|
|SOLAREDGE TECHNOLOGIES INC||5.2%|
|XINYI SOLAR HOLDINGS LTD||5.1%|
|ARRAY TECHNOLOGIES INC||4.9%|
|SHOALS TECHNOLOGIES GROUP INC||4.6%|
* As at 8 December 2023. Excludes cash
|Semiconductor Materials & Equi||26.8%|
|Electrical Components & Equipment||16.1%|
|Construction & Engineering||1.5%|
* As of 31 October 2023
* As of 31 October 2023
Fund returns after fees (%)
|3 year p.a.||-||-13.74%|
|5 year p.a.||-||20.10%|
|10 year p.a.||-||-|
|Since inception (p.a.)||-20.63%||-20.07%|
* As at 30 November 2023.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
|12 mth distribution yield*||-|
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
|Ex Date||Record Date||Payment Date||Distribution Unit ($)||Annual Distribution Return (%) (1)|
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.