PPIE

Putnam PanAgora ESG International Equity ETF

$28.58

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Putnam PanAgora ESG International Equity ETF (PPIE) seeks to provide long-term capital appreciation by investing in a diversified portfolio of international stocks that meet certain environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Putnam PanAgora ESG International Equity ETF

Category International

Issuer Other

Inception Date 2023-01-20

Market Cap $267.9M

Average Volume N/A

Dividend Yield 3.95%

52-Week Range $21.35 - $29.10

VWAP $28.59

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in international equity securities of companies across developed and emerging markets, excluding the United States. The portfolio managers use a quantitative investment process to select stocks based on their ESG characteristics, financial quality, and growth potential. The fund aims to outperform its benchmark, the MSCI ACWI ex USA Index, while maintaining a lower carbon footprint and higher ESG profile compared to the index.

✨ Key Features

Focuses on international stocks with strong ESG profiles
Utilizes a quantitative investment process to identify attractive stocks
Aims to provide long-term capital appreciation with lower carbon emissions and higher ESG scores than the benchmark
Diversified exposure to developed and emerging international markets

⚠️ Primary Risks

Market risk: The value of the fund's investments may decline due to general market conditions or other factors
International investing risk: Investments in foreign markets may be subject to additional risks, such as currency fluctuations, political instability, and economic conditions
ESG investing risk: The fund's ESG criteria may exclude certain investments, which could underperform the overall market
Quantitative investing risk: The fund's quantitative investment process may not always be successful in identifying attractive stocks

👤 Best For

The Putnam PanAgora ESG International Equity ETF may be suitable for long-term investors seeking exposure to international stocks with a focus on environmental, social, and governance factors. Investors should have a moderate to high risk tolerance and a long-term investment horizon to potentially benefit from the fund's strategy.