PFUT

Putnam Sustainable Future ETF

$25.24

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Putnam Sustainable Future ETF seeks to provide long-term capital appreciation by investing in companies that Putnam believes are well-positioned to benefit from sustainable business practices and solutions to global environmental and social challenges.

Overview

ETF tracking Putnam Sustainable Future ETF

Category Innovation

Issuer Other

Inception Date 2021-05-26

Market Cap $371.0M

Average Volume N/A

Dividend Yield 0.03%

52-Week Range $19.60 - $27.07

VWAP $25.40

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in common stocks of U.S. and non-U.S. companies across a range of sectors that Putnam believes are leaders in managing environmental, social, and governance (ESG) risks and opportunities. The portfolio managers use fundamental research to identify companies with innovative products, services or business models that address sustainability-related global themes.

✨ Key Features

Focuses on companies with strong ESG practices and sustainable business models
Diversified portfolio across sectors and market capitalizations
Actively managed by Putnam's experienced sustainable investing team
Seeks to provide long-term capital appreciation

⚠️ Primary Risks

Market risk: The value of the fund's investments may decline in response to overall market and economic conditions
Equity risk: The fund invests primarily in stocks, which can be volatile and decline in value
Sustainability/ESG risk: The fund's focus on sustainability factors may cause it to forgo certain investment opportunities and underperform funds that do not use such criteria
Foreign investment risk: Investments in non-U.S. companies may be subject to additional risks such as currency fluctuations and political instability

👤 Best For

The Putnam Sustainable Future ETF may be suitable for long-term investors seeking capital appreciation through exposure to companies that are addressing global sustainability challenges. Investors should have a moderate to high risk tolerance and a long-term investment horizon to allow the fund's sustainable investment approach to potentially generate returns.