Key stats
About PGIM ETF Trust PGIM Jennison Better Future ETF
Expense ratio
0.59%
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Inception date
Dec 14, 2023
PJBF employs a growth-oriented, conscientious strategy to tackle global social and environmental challenges in line with the UN SDGs. The fund invests in various equity and equity-related securities of companies contributing to health and wellness, technological innovation for economic inclusion, and climate action. The fund follows a systematic portfolio construction process, targeting companies with disruptive technologies, robust market positions, and sustainable growth. To ensure alignment with UN SDGs, the selection process incorporates proprietary research and financial metrics, imposing a 20% threshold for revenue, CAPEX, and EBITDA. However, it allows for up to 20% of assets to be allocated to those not meeting specific UN SDG criteria. Exclusions are applied to companies involved in sectors deemed inconsistent with responsible investing principles. With a global perspective and no market capitalization restrictions, PJBF has the flexibility for limitless investments in foreign securities.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Consumer Non-Durables
Health Technology
Retail Trade
Stock breakdown by region