VanEck adds sustainable energy ETF
Head of equity ETFs Peter Liao is portfolio manager
Head of equity ETFs Peter Liao is portfolio manager
It appears to be the company’s first retail fund
Bringing total in UK range to 10
Tracking the Solactive ISS ESG Developed Markets Paris-Aligned Benchmark USD Index
The world’s biggest asset manager keeps rolling out sustainability themed products
The firm has partnered with Green Alpha for the new ETF
Targets 7% absolute carbon emissions reduction per year
Stance will remain as a subadvisor to the $40m ETF
The company donates 5% of its net revenue to environment and social causes
Oil and gas industry top negative contributor to 10 of the global goals
The Carbon Strategy ETF is listed on NYSE Arca
The firm’s other active sustainable ETF, Climate Change Solutions, launched in 2021