PJBF

📎 Investment Objective

The PGIM Jennison Better Future ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Jennison Global Sustainability Index, which is designed to track the performance of companies that are well-positioned to benefit from the transition to a more sustainable global economy.

✨ Key Features

• Actively managed portfolio of global companies focused on sustainability and ESG practices
• Seeks to provide exposure to companies leading the transition to a more sustainable economy
• Utilizes PGIM Investments' research and expertise in identifying innovative, forward-looking companies
• Relatively new ETF with a limited performance history

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may fluctuate due to general market conditions
• Sector concentration risk: The fund may be more susceptible to factors affecting a particular sector or industry
• Sustainability and ESG investment risk: The fund's focus on sustainability and ESG factors may result in missed investment opportunities or underperformance compared to funds that do not use such criteria
• Limited performance history: As a new ETF, it has a limited track record to evaluate its long-term performance

👤 Best For

The PGIM Jennison Better Future ETF may be suitable for investors seeking exposure to companies driving the transition to a more sustainable global economy, with a long-term investment horizon and a tolerance for the risks associated with investing in innovative, sustainability-focused companies.