30/05/2022 16:38
Societe Generale further expands its offer on SeDeX with a new Fixed Leverage Certificate to expose itself to the upside (Long) with fixed daily leverage x3 on the subject of Hydrogen investment.
SG’s new Fixed Leverage certificate aims to replicate (net of costs, taxes and other charges) daily performance, multiplied by leva long +3xof the index Solactive North America Hydrogen Index CNTRexposed to a basket of North American companies (USA and Canada) operating in the hydrogen sector.
The stock selection is based on non-discretionary criteria that take into account the liquidity of the securities and the results of the algorithm for processing the ARTIS language (AlgoRithmic Theme Identification System) developed by Solactive AG which evaluates the exposure of companies to the issue of hydrogen.
Hydrogen can play a important role in the energy transition as a vector of decarbonisation in many sectors, in particular those less suitable for direct electrification. The challenge on hydrogen for the future, as an alternative energy source, lies in the ability to reduce production costs and respond to current constraints in terms of transport and storage.
“This new certificate allows access to a new sector linked to energy production which in recent years has encountered growing interest from investors and is increasingly topical”, he comments Costanza Mannocchi, Head of Exchange Traded Products of Societe Generale in Italy. “Hydrogen is, in fact, now considered as a valid alternative to reduce the production of greenhouse gases in the energy, transport and industry sectors”.