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ETF Edge: International Investments Under A New Administration January 21, 2021
On this week’s “ETF Edge,” hosted by CNBC’s Bob Pisani, ETF Trends’ CEO Tom Lydon, Wisdom Tree Asset Management Global Head of Research, Jeremy Schwartz, and JPMorgan’s Head of America’s ETFs, Bryon Lake, all joined in to discuss the strength of international investments under this new administration.
Looking at the new Biden administration and the impact it may have on the ETF business, Lydon states how the progress scene in 2020 is looking to continue. That includes the big wave of mutual funds transitioning into ETF wrappers.
Lydon continues, “Most recently, there’s been an interest in standardization in ESG research.” Similar things could work in favor of moving cryptocurrency further along in an ETF form.
JPMorgan Carbon Transition U.S. Equity ETF (JCTR). Aligned with JPMAM’s Sustainable Investment Framework, the fund seeks to capture benefits from transitioning to a lower-carbon economy and provide broader U.S. equity exposure.
The sustainable ETF will offer core exposure to U.S. equities with a low tracking error, compared to the Russell 1000 Index, and aim to have a meaningful reduction in carbon intensity. JCTR will use a forward-looking proprietary research framework to identify which companies, across all sectors, may be best positioned to benefit from the transition to a low carbon economy.
The fund will track the JPMorgan Asset Management Carbon Transition U.S. Equity Index, built to achieve a meaningful reduction in carbon intensity without relying on exclusions or sector deviations. JCTR will seek to offer investors at least 30% less carbon intensity than the Russell 1000 index, and a year-on-year de-carbonization target of at least 7%, in line with the EU Climate Tr