We start from an Investable Universe of about 5000 companies.
Step 1: Screening
Identify companies with direct or indirect exposure to the hydrogen theme. This results in about 300 companies. In addition to the 300 listed stocks linked to hydrogen, we follow more than 100 private companies that represent a potential investment pool and that can give us good indications on the evolution of the sector.
Step 2: Relevance
Select companies with sufficient current and potential exposure to the hydrogen theme to benefit from its growth potential. This results in about 150 companies.
Step 3: Technology
With the help of our experts, evaluate the technological
potential of each company to focus only on the best. This results in about 100 companies.
Step 4: Financial Analysis
Assess the financial situation and valuation of each company.
Retain the strongest and those whose valuation is not excessive.
The end result is 50-60 companies.
Each stock entering the portfolio is given a 5% weighting which will be adjusted to meet our investment and risk management criteria