Nuveen Global Net Zero Transition ETF (NTZG)
Nuveen Global Net Zero Transition ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $32.94, down 0.05% on the session, giving a market capitalisation of $6.7M. Its beta of 0.62 implies it has historically moved less than the broad market.
The Nuveen Global Net Zero Transition ETF (NTZG) is an actively managed fund designed to achieve capital appreciation. Its investment approach mandates that, under typical market conditions, at least 80% of its total assets – including any capital acquired through borrowing – be allocated to equity securities. These equity holdings focus on companies identified by the sub-adviser as poised to make a significant contribution to the evolving carbon economy. This contribution is achieved through their ongoing or prospective initiatives aimed at curbing global greenhouse gas emissions. Ultimately, these investments are intended to facilitate the broader shift towards a net-zero economic model.
Nuveen Global Net Zero Transition ETF is most often compared with the following Financial Services names: