Net Asset Value(s)

Valuation dated 09/12/2025 shows BetaPlus published NAVs for two ETFs: the Enhanced Global Developed Sustain Eq ETF (ISIN IE00060Z4AE1) with 94,300,000 units outstanding and a shareholder equity base of 1,065,705,023.13, priced at NAV per share 11.3012 USD (ticker BPDU) and 8.4988 GBP (ticker BPDG); and the Enhanced Global Sustainable Equity ETF (ISIN IE000ASNLWH9) with 200,500,000 units outstanding and a shareholder equity base of 2,275,172,992.25, priced at NAV per share 11.3475 USD (BPGU) and 8.5336 GBP (BPGG). These figures provide the latest per‑share valuations and sizable asset bases for portfolio marking, cross‑currency share‑class arbitrage considerations and institutional allocation decisions.

Analysis

Valuation released 09/12/2025 shows two BetaPlus sustainable equity ETFs with explicit share-class NAVs and material asset bases. The BetaPlus Enhanced Global Developed Sustain Eq ETF (ISIN IE00060Z4AE1) lists 94,300,000 units outstanding and a shareholder equity base of 1,065,705,023.13, with NAV per share 11.3012 USD (BPDU) and 8.4988 GBP (BPDG). The BetaPlus Enhanced Global Sustainable Equity ETF (ISIN IE000ASNLWH9) lists 200,500,000 units outstanding and a shareholder equity base of 2,275,172,992.25, with NAV per share 11.3475 USD (BPGU) and 8.5336 GBP (BPGG).

The near-equality of USD NAVs (11.3012 vs 11.3475) suggests similar underlying valuations across the two products at this date, while the larger equity base in the Sustainable Equity ETF (≈$2.28bn) implies greater scale and potentially deeper liquidity. Presence of GBP and USD share classes introduces explicit FX exposure and cross-list arbitrage considerations for institutional holders and market makers. External sentiment is neutral and reported market impact is negligible, indicating this release is primarily informational for marking and allocation rather than a catalyst for re-rating.

Key risks for investors are FX translation between share classes, differential liquidity across tickers and potential tracking error from enhanced/sustainable overlay strategies; monitor intraday premium/discounts to these NAVs and any flow-driven NAV movements. Institutional users should reconcile positions to the appropriate share-class NAV and confirm settlement/custody arrangements for cross-currency exposure management.

Key Decisions for Investors

• Reconcile positions to the correct 09/12/2025 share-class NAVs (BPDU 11.3012 USD, BPDG 8.4988 GBP, BPGU 11.3475 USD, BPGG 8.5336 GBP) and mark portfolios accordingly
• Favor the larger AUM vehicle (IE000ASNLWH9, ~$2.28bn) for execution and liquidity unless specific exposure is required in the smaller fund,
• Hedge or explicitly manage GBP/USD currency exposure on GBP share classes to avoid translation volatility,
• Monitor intraday market prices vs NAV for potential arbitrage or trading opportunities and watch fund flows as the primary near-term driver of NAV deviation