ANEW
ProShares MSCI Transformational Changes ETF
📎 Investment Objective
The ProShares MSCI Transformational Changes ETF (ANEW) seeks to provide investment results that, before fees and expenses, correspond to the performance of the MSCI ACWI Transformational Changes Index.
Overview
ETF tracking ProShares MSCI Transformational Changes ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares MSCI Transformational Changes ETF (ANEW) seeks to provide investment results that, before fees and expenses, correspond to the performance of the MSCI ACWI Transformational Changes Index.
🎯 Investment Strategy
The fund invests in companies that MSCI has identified as being at the forefront of transformational changes across a range of themes, including technological innovation, demographic and societal trends, and environmental sustainability.
✨ Key Features
- Provides exposure to companies driving transformational changes across various industries and sectors
- Tracks the MSCI ACWI Transformational Changes Index, which is designed to identify companies leading in areas of technological, demographic, and environmental change
- Broad global exposure, investing in both developed and emerging markets
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Equity market risk: The fund's value may fluctuate due to changes in the stock market
- Concentration risk: The fund's performance may be more volatile due to its focus on transformational change themes
- Emerging markets risk: Investing in developing countries may involve additional risks, such as currency fluctuations and political instability
- Tracking error risk: The fund may not perfectly track its underlying index
👤 Best For
The ProShares MSCI Transformational Changes ETF may be suitable for investors seeking exposure to companies at the forefront of long-term, transformative trends, as part of a diversified portfolio. Due to the fund's relatively new status and focus on emerging themes, it may be more appropriate for investors with a higher risk tolerance and a longer-term investment horizon.