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Thematic Certificate · AMC

MGF Power
Generation

AI, electrification and decarbonisation are creating unprecedented structural demand for electricity, and for those who produce it.

ISIN CH1341402290 SIX Swiss Exchange · CHF Issuer ZKB
Net asset value · NAV
CHF
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Investment thesis

AI needs electricity.
The world is short of it.
We invest in those
who produce it.

×4to 5
Electrical capacity of US data centres by 2035 (Deloitte Research)
×2
Projected global electricity demand by 2038 (BloombergNEF)
1.1T
Investments announced by US utilities by 2030
Net asset value · Official ZKB NAV

Certificate price

CH1341402290 · ZKB · SIX Swiss Exchange · CHF
CHF
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1M
3M
6M
1Y
MAX
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NAV calculated by ZKB (Zürcher Kantonalbank) · Updated daily after market close · Past performance is not indicative of future results.

Whoever controls electricity
controls the next industrial cycle.

MGF POWER GENERATION

Market context

Global electricity demand is expected to double by 2038

The convergence of AI, transport electrification, robotics and global industrialisation is creating unprecedented structural demand. AI data centres alone could account for 16% of North American electricity consumption by 2040.

This transformation creates a long-term opportunity for the companies that produce, store, transmit and distribute electricity, precisely the theme of MGF Power Generation.

Global electricity demand, BloombergNEF chart
Investment universe

The full energy value chain

MixedElectricity producers combining several energy sources at large scale.
RenewablesCompanies developing solar, hydro and new clean energy sources.
NuclearPlayers in civil nuclear power, small modular reactors and enriched fuel.
GridEquipment makers and operators of smart and high-voltage power grids.
StorageBattery technologies and large-scale energy storage systems.
Top holdings

Portfolio selection

GE Vernova Inc Top holding · GEV · NYSE · 1-year
+53.9%
09/2512/2503/2606/2609/26
  • GE Vernova Inc 7.7%
  • Panasonic Holdings Corporation 6.7%
  • Iberdrola SA 5.8%
  • Bloom Energy Corp 5.3%
  • NextEra Energy Inc 5.0%
Holdings as of 2026-09-10

Solar energy, an essential pillar of the global energy transition

Solar, nuclear, storage, grid, every available energy source will be needed to meet the growing demand of AI and the global economy.

Certificate characteristics

MGF Power Generation
Thematic certificate

Listed on the SIX Swiss Exchange, the MGF Power Generation thematic certificate offers diversified exposure to innovative companies in the electricity production and distribution sector, with full protection against currency risk in CHF.

High-voltage electricity pylons
ISINCH1341402290
IssuerZKB, Zürich
RatingAAA (ZKB)
CurrencyCHF, Hedged
ListingSIX Swiss Exchange
AssetsEquities (30–50 positions)
ManagementActive Management
Buy / SellDaily via issuer
MaturityOpen-ended
Launch10 November 2025
Management fee1.30% p.a.
KIDENFR
TermsheetENFR
ZKB base prospectusDEEN
Why this certificate

3 reasons
to invest

An electrification supercycle is underway. AI, data centres and decarbonisation are creating unprecedented structural demand for electricity production companies.

01
Diversified exposure
30 to 50 companies selected in the United States, Europe and Asia, covering the full energy value chain, production, storage, grid, renewables.
02
Active management
Rigorous selection by our teams, with continuous adjustment of the portfolio as energy markets evolve and sector opportunities arise.
03
AAA-rated security
Issued by Zürcher Kantonalbank, the best-rated Swiss bank. Maximum reliability, transparency and liquidity for institutional and private investors alike.

Would you like to invest in our MGF Power Generation, AMC certificate | MG Finance certificate?

To invest in one of our thematic certificates, you do not need a securities account with MG Finance or with our partner banks. You can simply place an instruction with your own bank, quoting the ISIN, the valor number or the symbol.

Contact us →

MG Finance SA · Av. du Général Guisan 46a, 1009 Pully · +41 21 614 75 75 · research@mgfinance.ch

MG Finance