Description: The KFA Global Carbon ETF (the “Fund”) seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ‘‘Index’’) over a complete market cycle. KRBN is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing. Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA) and the Regional Greenhouse Gas Initiative (RGGI).
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Commodities Focused
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Cash | 76.56 | 0.00 | 76.56 |
Other | 21.68 | 0.00 | 21.68 |
Bond | 1.77 | 0.00 | 1.77 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Japan | 0.00 | 0.48 |
Australasia | 0.00 | 11.62 |
Asia Emerging | 0.00 | 4.99 |
Latin America | 0.00 | 2.85 |
North America | 0.00 | 52.80 |
Asia Developed | 0.00 | 1.14 |
United Kingdom | 0.00 | 11.33 |
Europe Emerging | 0.00 | 0.31 |
Europe Developed | 0.00 | 10.56 |
Africa/Middle East | 0.00 | 3.92 |