XShares to close Carbon Allowances Fund at end of month.
XShares to close Carbon Allowances Fund at end of month.
Specialty-sector ETFs—also called “thematic” ETFs—have emerged as a major force in the ETF industry.
Five more SRI-themed ETFs are proposed, each focusing on specific religions and different sets of beliefs.
The market needs a breather at this point, says strategist. He warns investors against putting too much stock in a three-week rally.
By some estimates, the global carbon market which the index tracks is worth more than $50 billion a year.
The second exchange-traded product listed in the U.S. providing access to the global carbon emissions markets launched Dec. 15.
The new ETFs would present a more global set of choices for SRI advocates, both in numbers and greater global diversity.
The AirShares EU Carbon Allowances Fund is actually a commodity pool that tracks a basket of exchange-traded futures contracts in Europe.