GRNB

📎 Investment Objective

The VanEck Green Bond ETF (GRNB) seeks to track the performance of the S&P Green Bond Select Index, which is designed to measure the performance of green-labeled bonds issued to fund projects with environmental benefits.

✨ Key Features

• Focuses on green bonds, which are fixed-income securities used to finance environmentally-friendly projects
• Tracks the S&P Green Bond Select Index, a rules-based index of green-labeled bonds
• Provides exposure to the growing green bond market, which has seen increased issuance in recent years
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk: The value of the fund's holdings may decline if interest rates rise
• Credit risk: The fund is exposed to the creditworthiness of the issuers of the green bonds it holds
• Liquidity risk: The green bond market may have lower trading volumes, which could impact the fund's ability to sell positions
• Concentration risk: The fund's focus on green bonds may result in less diversification compared to a broader fixed income fund

👤 Best For

GRNB may be suitable for investors seeking exposure to the green bond market as part of a diversified fixed income allocation. Investors interested in supporting environmentally-friendly projects and the transition to a low-carbon economy may also find this fund appealing. As with any fixed income investment, the fund may be most appropriate for investors with a medium to long-term investment horizon.