HANetf slashes fees on solar and clean energy ETFs

Aims to attract broader range of clients

HANetf has reduced the total expense ratios of two of its clean energy-focused funds, the Solar Energy UCITS ETF (TANN) and the HANetf S&P Global Clean Energy Select HANzero UCITS ETF (ZERO) in an attempt to attract a broader clientele.

The company will reduce TANN's total expense ration from 69 basis points to 49, a 29% decrease in costs. Similarly, the total expense ratio for ZERO will drop from 55 basis points to 39, also a 29% reduction. The ETF also includes a carbon offset and the costs are paid for at no extra cost, the firm said. HANetf explained the move to reduce costs will attract a broader range of investors seeking to align their portfolios with sustainable objectives. HANetf launches energy transition materials ETF Following the cost reductions, HANetf said TANN and ZERO will be the "lowest cost i...