NULG Profile
The
NuShares ESG Large-Cap Growth ETF (NULG) is an exchange-traded fund
that invests in large-cap growth companies in the U.S. equity market.
The fund is designed to track the performance of the TIAA ESG USA
Large-Cap Growth Index, which uses a proprietary methodology to select
companies based on environmental, social, and governance (ESG)
criteria.
NULG seeks to invest in companies that are believed
to have high ESG ratings relative to their peers, as determined by
MSCI ESG Fundamentals data. The fund's holdings are tilted toward the
technology sector, with other significant weightings in healthcare and
consumer cyclical companies.
As of September 2021, the NULG ETF
had total net assets of approximately $1.5 billion and a relatively
low expense ratio of 0.35%. The fund is suitable for investors who
seek exposure to large-cap growth companies with strong ESG
characteristics. It can be used as a core holding or as a satellite
investment in a diversified portfolio. However, investors should be
aware that like all equity investments, NULG carries risk and its
performance is subject to market
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