Rize ETF launches two Article 9 ETFs
Both ETFs carry an ongoing charges figure of 0.45%.
The Rize Global Infrastructure UCITS ETF (NFRA) is a sustainable infrastructure fund, which has launched alongside the Rize USA Environmental Impact UCITS ETF (LUSA).
Rize ETF launches circular economy enablers ETF
They are listed on the London Stock Exchange and the Frankfurt Stock Exchange, with listing on the SIX Swiss Exchange due in the coming weeks.
Both ETFs carry an ongoing charges figure of 0.45%.
They seek to provide investment returns that correspond generally to the Foxberry SMS Global Sustainable Infrastructure USD Net Total Return index, and the Foxberry SMS USA Environmental Impact USD Net Total Return index, respectively, before fees and expenses.
The Rize Global Sustainable Infrastructure UCITS ETF targets companies that are making a substantial contribution to global sustainable infrastructure development.
These include companies involved in maintaining and upgrading the existing infrastructure of more industrialised economies.
Also targeted are companies developing new infrastructure required for the economic advancement of less industrialised economies as part of the transition to a greener, more sustainable economy.
The ETF integrates the Rize Future First ESG policy and programme, which, among other things, excludes all exposure to fossil fuel infrastructure.
It also uses a ‘sustainability contribution adjustment framework' developed in partnership with Sustainable Market Strategies.
This seeks to evaluate and score each company for its contribution to environmental and social objectives of the EU Taxonomy for Sustainable Activities, and the UN Sustainable Development Goals.
Active ETFs maintain strong inflows throughout July
Rahul Bhushan,
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