LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

$54.28
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) seeks to track the investment results of an index composed of developed and emerging market companies, excluding the U.S., that are well-positioned to benefit from the transition to a lower-carbon economy.

Overview

ETF tracking BlackRock World ex U.S. Carbon Transition Readiness ETF

Issuer Other
Inception Date 2021-04-08
Market Cap $252.4M
Average Volume N/A
Dividend Yield 3.16%
52-Week Range $41.56 - $54.98
VWAP $54.27

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) seeks to track the investment results of an index composed of developed and emerging market companies, excluding the U.S., that are well-positioned to benefit from the transition to a lower-carbon economy.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies, excluding the U.S., that are considered to be 'carbon transition ready' based on their current and anticipated future carbon emissions, fossil fuel reserves, and other environmental, social and governance (ESG) factors. The fund aims to provide exposure to companies that are adapting their business models to mitigate climate change risks and capitalize on opportunities in the low-carbon transition.

✨ Key Features

  • Broad international equity exposure, excluding the U.S.
  • Focuses on companies positioned for the low-carbon economy transition
  • Utilizes an ESG-tilted index methodology to select and weight holdings
  • Aims to provide long-term capital growth potential

⚠️ Primary Risks

  • International investing risks, including currency fluctuations and political/economic instability
  • Concentration in climate transition-related sectors may increase volatility
  • Reliance on ESG data and methodologies, which can be subjective
  • Potential for lower returns compared to a traditional international equity index

👤 Best For

This ETF may be suitable for long-term investors seeking international equity exposure with a focus on companies adapting to climate change risks and opportunities. It may be appropriate as a satellite holding within a diversified portfolio, rather than a core position.