HEAT Profile
The Touchstone Climate Transition ETF is designed to capitalize on investment opportunities arising from the global shift toward a more sustainable and climate-conscious economy. Under normal market conditions, the fund invests at least 80% of its net assets, including any borrowings for investment purposes, in companies that are poised to benefit from the ongoing climate transition. This focus includes companies actively involved in or benefiting from initiatives aimed at reducing carbon footprints and fostering environmental sustainability.
The fund primarily invests in a diverse range of equity securities, which encompass common stocks, preferred stocks, and various types of depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and European Depositary Receipts (EDRs). These securities represent ownership in companies engaged in activities or sectors that align with the goals of a transitioning climate environment. By investing in such securities, the fund aims to support and profit from businesses leading the way in sustainability and environmental stewardship.
In addition to direct equity investments, the fund may also invest in interests in other investment companies that themselves focus on equity securities. This broad investment approach allows the fund to gain exposure to a wide array of companies and sectors that are contributing to or benefiting from the climate transition. The strategy is designed to leverage the growth potential of companies that are well-positioned to thrive in a more environmentally conscious world.
The Touchstone Climate Transition ETF reflects a commitment to environmental, social, and governance (ESG) principles by targeting investments that are expected to perform well in the context of climate change and sustainability. This focus not only seeks to generate potential financial returns but also supports broader efforts to address climate-related challenges and advance sustainable development. The fund is suitable for investors interested in aligning their investment portfolios with climate transition goals and supporting companies making positive environmental impacts.
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