Institutional manager Sustainable Leaders Investment Management is prepping an ETF that would invest in companies that are part of the energy transition.
The SL Transition Infrastructure and Innovation ETF would hold stocks of “transition infrastructure companies”, which include those involved in “lower-carbon energy production, distribution, storage, transport, and associated supply chain, material provider and technology companies”, a filing made Wednesday with the Securities and Exchange Commission states.
Subadviser to the fund would be Vident Investment Advisory, and the portfolio manager is listed as Sustainable Leaders CIO Gregory LeBlanc.
The ETF would have total expenses of 75 basis points, according to the initial prospectus.
The product appears to be the first retail fund that Boston-based Sustainable Leaders would provide.
