iClima Climate Change Solutions ETF (CLMA)
iClima Climate Change Solutions ETF operates in the Asset Management - Global industry of the Financial Services sector. The stock last traded at $15.81, down 2.48% on the session, giving a market capitalisation of $1.6M. Its beta of 0.00 implies it has historically moved less than the broad market.
This Exchange Traded Fund (ETF) aims to track a systematically constructed index. This index meticulously selects companies from the GBS Universe globally, specifically those whose revenue-generating products and services contribute to the prevention or reduction of greenhouse gas emissions (CO2e Avoidance). The fund's investment strategy involves mirroring this index as closely as possible, allocating virtually all of its capital to the constituent securities identified by the index. Geographically, the fund is designed to hold assets across a minimum of four nations, including the United States. A significant portion, specifically no less than 40% of its total assets at the time of purchase, will be allocated to companies based outside the U.S. Notably, this fund is classified as non-diversified.
iClima Climate Change Solutions ETF is most often compared with the following Financial Services names: