KARB Carbon Strategy ETF

*Unless otherwise stated, data provided by FactSet.

KARB Fund Description

KARB is actively managed to provide exposure to the most liquid and actively traded carbon allowance futures from the United States and Europe. The fund uses a Cayman Islands subsidiary to gain exposure.

KARB Factset Analytics Insight

KARB provides an alternative for those having difficulty investing directly in carbon allowance futures contracts. The fund holds carbon credit futures that require physical delivery of emission allowances issued under various cap and trade regimes. The compliance carbon markets provide an venue places a cap on total greenhouse gas emissions. Low carbon emitting companies may benefit by selling carbon credits. Emitters with insufficient allowances will buy carbon credits or incur penalties. KARB will target its exposure to the most liquid and most heavily traded carbon allowance futures contracts located in Europe and North America, including European Union Allowances (EUA), California Carbon Allowances (CCA), and the Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowances, all within one ticker. The fund expects to invest in futures contracts that expire in December of the current year and the following year, although the fund can hold contracts of any maturity.

PERFORMANCE [as of 09/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KARB -- -- -- -- -- -- --
KARB (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Barclays Global Carbon Index Total Return -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KARB Summary Data

KARB
09/13/22
Open-Ended Fund
0.75%
$287.10K
$5.77K
0.75%
N/A

KARB Portfolio Data

Futures
Carbon Credits
N/A
--

KARB Index Data

No Underlying Index
Proprietary
Proprietary
Barclays Global Carbon Index Total Return

KARB Portfolio Management

0.75%
--
--
--

KARB Tax Exposures

20.00% / 39.60%
--
No

KARB Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
Daily

KARB Factset Analytics Block Liquidity

As of 09/23/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of KARB. KARB is rated a 5 out of 5.

KARB Tradability

195
$5.77K
143
$4.18K
0.75%
$0.23
-0.02%
1.17% / -0.34%
None
100.00%
10,000
0.01
--
--
--
$28.71
5

KARB Sector Breakdown


KARB
Segment Benchmark
73.85%
--
26.15%
--

KARB Top 10 Targeted Commodity Weights

26.11%
0.04%
100.00%

KARB Tenor Strategy

KARB is actively managed but targets 12 to 24 month contracts expiring in December.

KARB Rolling Strategy

KARB is actively managed and rolls contracts close to expiration.

KARB Performance Statistics

--
--
--
--
0.00%