ETF profile for BP P.L.C. Adrhedged (BPH) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
BPH ETF Profile
| Family: |
Precidian |
| Name: |
BP P.L.C. ADRhedged |
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| Inception Date: |
3-Jan-2025 |
| Termination Date: |
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| Investment Objective: |
The BP p.l.c. ADRhedged (the "Series") seeks to provide investment results that correspond generally, before fees and expenses, to the total return of the ordinary shares of BP plc in its local market. BP is one of the world's leading integrated energy companies with operations in over one hundred countries worldwide. The company's operations are focused on a wide range of activities, including Exploration and Production of Oil & Gas, Refining and Marketing, Chemicals, Gas & Power and Renewable energy. Under normal circumstances, fund invests at least 95% of its net assets in American Depositary Receipts ("ADRs") of BP p.l.c. .The Series will not invest directly in the Company. Generally, ADRs, issued in registered form, are designed for use in the U.S. securities markets. The Series invests in the ADRs of the Company (the "Portfolio Securities") and a currency swap (the "Currency Hedge Contract") designed to hedge against fluctuations in the exchange rate between the U.S. dollar and the British pound ("Local Currency"). The Currency Hedge Contract is with a counterparty acting as principal. The notional value of the Currency Hedge Contract is adjusted daily based on the current value of the Portfolio Securities. |
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| Prospectus |
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| Top 10 Holdings |
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| BP p.l.c. |
BP |
96.5900% |
| Cash (US$) |
|
3.4100% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
2 |
| Shares Outstanding: |
30,000 |
| Total Net Assets: |
2,314,302 |
| NAV: |
77.11 |
| Net Expense Ratio: |
0.19% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
UK |
| Region: |
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| Strategy: |
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| Currency: |
GBP/USD |
| Commodity: |
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| Sector: |
Energy |
| Industry: |
Oil & Gas Exploration & Production |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
Yes |
| US or Ex-US: |
International |
