NTZG Profile
The Nuveen Global Net Zero Transition ETF is an actively managed exchange-traded fund designed to achieve capital appreciation by focusing on companies involved in the transition to a net zero carbon economy. Under normal market conditions, the fund invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities of firms that are anticipated to positively impact the carbon economy. These companies are selected based on their current and planned efforts to reduce global greenhouse gas emissions.
The investment strategy of the fund revolves around identifying and supporting enterprises that are at the forefront of the global shift towards sustainability. The sub-adviser assesses companies based on their contributions to reducing carbon footprints and their overall alignment with net zero goals. This approach seeks to harness the growth potential of companies actively working towards mitigating climate change, thereby supporting the broader objective of transitioning to a sustainable and low-carbon economy.
In addition to its core investment focus, the fund encompasses a global perspective, investing in companies from various regions and sectors that demonstrate significant potential in advancing the net zero transition. This international approach allows the fund to tap into diverse markets and opportunities while aligning with global efforts to combat climate change.
Overall, the Nuveen Global Net Zero Transition ETF offers a strategic investment in companies leading the way in environmental sustainability. By focusing on firms committed to reducing greenhouse gas emissions and supporting the transition to a net zero economy, the fund aims to provide investors with capital appreciation while contributing to significant environmental impact.
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