Trend Aggregation ESG ETF (TEGS)
Trend Aggregation ESG ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $7.26, down 2.78% on the session, giving a market capitalisation of $363,080. Its beta of 0.00 implies it has historically moved less than the broad market.
Under typical market conditions, this ETF commits a substantial portion—at least 80% of its net assets, augmented by any capital secured through borrowing for investment—to a portfolio of stocks and bonds. These investments are either acquired directly or indirectly by investing in other pooled vehicles like mutual funds or exchange-traded funds. The selection criteria for these equity and fixed income instruments are primarily based on their alignment with prominent Environmental, Social, and Governance (ESG) indices, notably those provided by MSCI and Russell. Furthermore, the fund maintains the flexibility to allocate up to 20% of its net assets to highly liquid holdings, such as cash or cash equivalents, which may encompass government securities issued by the United States.
Trend Aggregation ESG ETF is most often compared with the following Financial Services names: