Sphere 500 Climate Fund (SPFFX)
Sphere 500 Climate Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Minnetonka, MN, US. The stock last traded at $34.40, up 0.29% on the session, giving a market capitalisation of $45.0M. Its beta of 1.00 implies it has historically moved more than the broad market.
The Sphere 500 Climate Fund is benchmarked against an index crafted to capture the returns of major U.S.-listed companies, while consciously excluding those identified with climate-related risks. To adhere to this strategy, the fund commits a minimum of 80% of its total assets to companies that are not involved in any of the following: generating revenue from the sale of fossil fuels, owning fossil fuel reserves or related assets, using fossil fuels for power generation, or producing equipment specifically for the fossil fuel industry.
Sphere 500 Climate Fund is most often compared with the following Financial Services names: