Yesterday, the French car manufacturer Renault announced a cooperation with the American Plug Power for the development of hydrogen-powered light commercial vehicles. Together with Linde, Daimler is advancing fueling technology for hydrogen-powered trucks. With the index certificate on the Global Hydrogen Index II investors can participate in the global hydrogen boom.
Hydrogen stocks showed an above-average development in the recent past. Research into possible uses for fuel cells is being carried out around the world. Trucks and buses are already being tested in many places. According to a study by McKinsey from 2017, around 30 percent of trucks in the heavy-duty and long-haul segment could be powered by (green) hydrogen by 2050. The federal government presented its hydrogen strategy last summer and is making seven billion euros available for research and promotion of hydrogen technology. The first projects have already been initiated. “Green hydrogen is tomorrow’s oil,” said Federal Research Minister Anja Karliczek. Green hydrogen could play an important part in achieving climate goals. The considerations have long since gone beyond road traffic. The fuel cell could be used in ships and trains in the long term as well as in industry. Above all, energy-intensive corporations such as the steel sector are looking for more environmentally friendly energy suppliers, and there is great hope for hydrogen and fuel cell technology. A study for the EU considers more than 5.4 million jobs and more than 800 billion euros in sales in a European hydrogen industry to be possible by 2050. The technology is relatively simple. The crux of the matter is primarily to generate sufficient energy for electrolysis from renewable energies.
The Global Hydrogen Index II (Net Return) currently includes 20 companies that are active in the development and production of hydrogen drives, fuel cells or systems for electrolysis. The current index includes Air Liquide, Ballard Power, FuelCell Energy, Linde and Nel. The net dividends are reinvested and the index is reviewed quarterly, and stocks are supplemented and weighted if necessary.
The HVB Open Index Certificate participates in the performance of the Global Hydrogen Index II (Net Return) one-to-one and for an unlimited period of time. It should be noted that the product is a bond issued by UniCredit Bank AG. In the event of insolvency, i.e. insolvency or over-indebtedness, losses or even total loss can occur. In addition, a fall in the price of shares can cause the index to fall. This can also lead to losses for the investor.
|HVB Open End Index Certificate|
|Underlying||Global Hydrogen Index (Net Return)|
|ISIN / WKN||DE000HVB5H28 / HVB5H2*|
|Repayment date||Open end *|
|Selling price||EUR 217.27|
|* The issuer, UniCredit Bank AG, is entitled to properly terminate the certificate and to repay the respective repayment amount. Information on how the product works ; Status: January 13, 2021. |
>> More information about the product at: onemarkets.de/HVB5H2
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This information does not constitute investment advice, but advertising. The public offer is made exclusively on the basis of a securities prospectus approved by the Federal Financial Supervisory Authority (“BaFin”). Approval of the prospectus should not be understood as a recommendation to purchase these UniCredit Bank AG securities. Only the prospectus including any supplements is relevant and the Final Terms. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and rewards of investing. You are about to acquire a product that is not easy and can be difficult to understand.
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The contribution hydrogen boom drives the index to an all-time high! first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).
Author: Richard Pfadenhauer