May 2022

Mobile Payments

The AtonRâ Mobile Payments is a long-only, USD-based actively-managed certificate. It aims to benefit from the expected rise of contactless payments around the world as consumers move to their smartphones and tablets for everyday purchases at the expense of cash.

While the mobile payment infrastructure is now in place (NFC-enabled phones and POS terminals, various payment platforms such Apple Pay), we are about to enter the second phase of growth for the theme, which is mass adoption of payment solutions by consumers.

Indeed, the increasing marketing around payment platforms and the deployment of value-added services (such as rewards, loyalty and couponing) should give a major boost to consumer engagement over 2019-20. Longer term, powerful catalysts (in-car payments, virtual reality shopping, government incentives...) should make mobile payments ubiquitous.

Main Features
Asset Class Equity
Legal Structure Actively Managed Certificate
Investment Index Long
Launch date 05-Nov-18
Currency USD
Type of Return Total return
Ticker JMLNARMP
isin XS1668108845
Issuer JP Morgan
Issue Price 100
Last Price 82.71
Sharpe Ratio -0.19
Correlation 0.81
Beta 1.39
Reference Index MSCI ACWI Net TR (USD)
Liquidity Daily
# Holdings 23
Management Fees 1.30%
Issuer Fees 0.20%
Performance Fees 15.00%
ALL TIME HIGH ALL TIME LOW
PRICE: 199.9 PRICE: 69.9
DATE: 16-Feb-21 DATE: 11-May-22

Mobile Payments

The AtonRâ Mobile Payments is a long-only, USD-based actively-managed certificate. It aims to benefit from the expected rise of contactless payments around the world as consumers move to their smartphones and tablets for everyday purchases at the expense of cash.

While the mobile payment infrastructure is now in place (NFC-enabled phones and POS terminals, various payment platforms such Apple Pay), we are about to enter the second phase of growth for the theme, which is mass adoption of payment solutions by consumers.

Indeed, the increasing marketing around payment platforms and the deployment of value-added services (such as rewards, loyalty and couponing) should give a major boost to consumer engagement over 2019-20. Longer term, powerful catalysts (in-car payments, virtual reality shopping, government incentives...) should make mobile payments ubiquitous.

Monthly Returns $

(Net of fees)

* Estimated
* Actual

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2022 -14.6% -10.0% 3.6% -17.7% -1.3% -35.3%
2021 -4.2% 5.4% -7.5% 7.3% -3.7% 5.7% -1.7% 3.0% -10.7% -4.1% -15.2% -4.4% -28.3%
2020 3.6% -4.6% -18.2% 18.8% 15.7% 6.2% 8.5% 6.3% -1.9% -4.2% 17.2% 6.2% 59.2%
2019 14.1% 3.5% 5.0% 4.6% -4.9% 7.7% 2.8% -3.4% -4.7% 0.9% 5.0% 1.3% 34.8%
2018 -8.1% -9.7% -17.0%
Industry Exposure

Top 3 Holdings
  • PAYPAL HOLDINGS INC
  • ADYEN NV
  • EURONET WORLDWIDE INC
Top 3 Contributors
  • CIELO SA
  • DLOCAL LIMITED
  • LIGHTSPEED POS INC-SUB VOTE
Worst 3 Contributors
  • ADYEN NV
  • BLOCK INC
  • SHIFT4 PAYMENTS INC-CLASS A
Geographical
Breakdown
Currency
Exposure
Asset
Allocation
Market Cap
Distribution
Equity
Liquidity*

*On average 3 Months daily trading volume

Risk
Scale

5


The actual risk can vary significantly if you cash in at an early stage and you may get back less. You may not be able to sell your product easily or you may have to sell at a price that significantly impacts on how much you get back

Industry Exposure