NUDM Profile
NUDM
- Nushares ESG Intl Developed Markets Equity ETF is an exchange-traded
fund that seeks to track the investment results of an index composed
of equity securities of large- and mid-capitalization companies in
developed markets excluding the United States, while adhering to ESG
criteria. The ETF is managed by Nuveen and was launched on June 20,
2018.
NUDM aims to invest in companies that exhibit strong ESG
characteristics while seeking to replicate the performance of the MSCI
World ex USA ESG Leaders Index. This index is designed to measure the
performance of companies in developed markets outside the United
States with high ESG performance relative to their sector peers.
The ETF provides investors with exposure to a diversified
portfolio of international companies while promoting sustainable
investing. The funds top holdings include Nestle, Roche Holdings, and
Samsung Electronics.
Investors looking to diversify their
portfolios while aligning their investments with ESG values may
consider NUDM as an option. However, it is important to note that ESG
investing does not guarantee returns and may perform differently than
non-ESG investments. Additionally, the fund charges a relatively low
expense ratio of 0.25%, making it an attractive option for
cost-conscious
|