KARB Carbon Strategy ETF
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.
KARB Summary Data
KARB Portfolio Data
KARB Index Data
KARB Portfolio Management
KARB Tax Exposures
KARB Fund Structure
KARB Factset Analytics Block Liquidity
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 Sector Breakdown
KARB Top 10 Targeted Commodity Weights
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.