Solar ETF

TANN
Exposure to a portfolio of leading global companies in the solar energy industry
Factsheet
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Investment goal
Growth

Overview

Fund objective

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

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.

Invest in TANN with Betashares Direct

Invest in TANN brokerage-free with a Betashares Direct account. You can also buy or sell TANN using an online broker or your financial adviser.

Key facts

Profile

Units outstanding* (#) 450,041
Management fee and cost** (p.a.) 0.69%
Distribution frequency At least annually
Distribution reinvestment plan (DRP) Full or partial participation available
Registry Link Market Services

* As at 5 December 2024
**Certain additional costs apply. Please refer to PDS.

Net assets*
$3,044,728

Pricing information

Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)
NAV * As at 5 December 2024
NAV/Unit* $6.77
* Data is delayed by at least 20 minutes.
Download NAV history
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Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Trading information

ASX code TANN
iNAV IRESS code TANN.ASX
Market makers Susquehanna Pacific

Index information

Index Solactive EQM Global Solar Energy Index
Index provider Solactive AG
Bloomberg index ticker SOLARANR Index
Download index methodology
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Performance

Fund returns after fees (%)

 FundIndex
1 month-4.93%-4.85%
3 months-9.01%-8.83%
6 months-20.28%-19.86%
1 year-19.26%-18.56%
3 year p.a.--21.51%
5 year p.a.-6.97%
10 year p.a.--
Since inception (p.a.)-20.08%-19.46%
Inception date8-Jun-22-
* As at 29 November 2024.
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.

Holdings and allocation

Portfolio holdings

Name Weight (%)
NEXTRACKER INC 9.0
FIRST SOLAR INC 8.1
HANNON ARMSTRONG SUSTAINABLE I 7.3
TESLA INC 6.9
ENPHASE ENERGY INC 6.4
SUNRUN INC 5.2
XINYI SOLAR HOLDINGS LTD 4.7
TCC GROUP HOLDINGS CO LTD 4.3
VOLTRONIC POWER TECHNOLOGY COR 3.8
NEOEN SA 3.8
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* As at 6 December 2024. Excludes cash

Sector allocation

Renewable Electricity
19.5%
Semiconductor Materials & Equipment
16.5%
Electrical Components & Equipment
13.6%
Semiconductors
12.8%
Electrical Equipment
9.7%
Mortgage REITs
7.3%
Automobile Manufacturers
6.2%
Construction Materials
4.2%
Specialty Chemicals
3.8%
Other
6.5%

* As of 29 November 2024

Country allocation

United States
52.3%
Taiwan
18.2%
China
6.9%
Spain
5.1%
France
3.7%
South Korea
2.9%
Germany
2.2%
Israel
2.2%
Hong Kong
1.6%
Other
4.8%

* As of 29 November 2024

Distributions

Frequency and yield

12 mth distribution yield* 0.3%

*As at 29 November 2024. 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.

You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.

Recent distributions

Ex DateRecord DatePayment DateDistribution Unit ($)Annual Distribution Return (%) (1)
1-Jul-242-Jul-2416-Jul-24-0.14%
2-Jan-243-Jan-2417-Jan-24$0.0223350.19%
3-Jul-234-Jul-2318-Jul-23--
3-Jan-234-Jan-2318-Jan-23--

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.

Announcements

ASX Announcements: TANN

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