BlackRock rolls out two low carbon ETFs, State Street releases an emerging market debt ETF, and Vanguard debuts an “Ultra Short” bond fund.
- Blackrock rolls out two low carbon ETFs.
- The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an actively managed ETF that looks to invest in companies outside of the US that are likely to benefit from the transition to a low-carbon economy.
- The BlackRock U.S. Carbon Transition Readiness ETF (LTCU) is an actively managed ETF that invests in companies that are likely to benefit from the transition to a low-carbon economy.
- LTCU has an expense ratio of 0.30% while LTCD has a 0.35% expense ratio.
- State Street releases an emerging market debt ETF.
- The SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC) tracks the Bloomberg Barclays Emerging USD Bond Core Index.
- EMHC carries an expense ratio of 0.23%.
- Vanguard debuts an “Ultra Short” bond fund.
- The Vanguard Ultra-Short Bond ETF (VUSB) is an actively managed ETF that focuses on securities with two years or less to maturity.
- VUSB carries an expense ratio of 0.10%.
(Source: etf.com)