Putnam launches sustainable target-date series for retirement savers
The target-date funds will invest in actively managed sustainable and ESG-focused exchange-traded funds managed by Putnam.
The target-date funds will invest in actively managed sustainable and ESG-focused exchange-traded funds managed by Putnam.
The firm would be one of several companies providing sustainable target-date funds in the US
Target-date funds that are sustainable or responsible are fair game, but there aren’t many of them
Savers often randomly choose investments, but the future for ESG in retirement plans might still be strong
The company will rename the product line and build it using its own ETFs