PPEM

Putnam PanAgora ESG Emerging Markets Equity ETF

$27.92
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM) seeks to provide long-term capital appreciation by investing in a diversified portfolio of emerging market equities that meet certain environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Putnam PanAgora ESG Emerging Markets Equity ETF

Issuer Other
Inception Date 2023-01-20
Market Cap $55.8M
Average Volume N/A
Dividend Yield 2.44%
52-Week Range $19.24 - $28.49
VWAP $27.99

Performance

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Investment Summary

📎 Investment Objective

The Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM) seeks to provide long-term capital appreciation by investing in a diversified portfolio of emerging market equities that meet certain environmental, social, and governance (ESG) criteria.

🎯 Investment Strategy

The fund invests primarily in common stocks of companies located in emerging market countries. The portfolio managers use a quantitative investment process to select securities based on their ESG characteristics, financial quality, and growth potential. The fund aims to outperform the MSCI Emerging Markets Index while maintaining a lower carbon footprint and higher ESG profile compared to the benchmark.

✨ Key Features

  • Focuses on emerging market equities with strong ESG profiles
  • Utilizes a quantitative investment approach to identify attractive securities
  • Seeks to provide long-term capital appreciation
  • Aims to outperform the MSCI Emerging Markets Index

⚠️ Primary Risks

  • Exposure to emerging market risks, including political, economic, and currency volatility
  • Potential for higher portfolio turnover and trading costs
  • Reliance on quantitative models, which may not always be accurate
  • Concentration in specific sectors or countries

👤 Best For

The Putnam PanAgora ESG Emerging Markets Equity ETF may be suitable for long-term investors seeking exposure to emerging market equities with a focus on environmental, social, and governance factors. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the inherent volatility of emerging markets.