Environmental, social, and governance popularity is growing in the debt markets, as green bonds tripled in the first quarter of 2021.
“From public pension plans to banks to endowment funds, we are seeing ever-greater institutional interest and mandates for sustainable and green investment,” said Brian S.
The popularity spike in green bonds bodes well for GRNB, which gives investors ease of access to this debt market via an ETF wrapper.
Summarily, GRNB seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond U.S.
For the environmentally conscious investor, an alternate play is via environmental services.
The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE® Arca Environmental Services Index.