Key stats
About Nuveen Global Net Zero Transition ETF
Expense ratio
0.56%
Home page
Inception date
Jun 23, 2022
NTZG invests in companies that could positively impact the carbon economy through their current or planned efforts to reduce greenhouse gas emissions. The fund focuses on the transition to a net zero economy, encompassing climate leaders, firms with disruptive technologies that support climate mitigation, and high carbon emitters whose carbon reductions may contribute to real-world emissions decline. To screen companies, the fund uses bottom-up, fundamental analysis. The fund intends to align with the Paris Climate Agreement and thus, will (i) seek to lower the carbon intensity of its portfolio annually, with the goal of a net zero portfolio by 2050 and (ii) engage with the portfolio companies each year in an effort to aid in the net zero transition. Companies involved in weapons and firearms are excluded from the portfolio. The fund may invest in any market capitalization globally, with at least 40% of assets allocated to non-US issuers and up to 25% invested in emerging markets.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Stock breakdown by region