STNC

Hennessy Funds Trust Hennessy Sustainable ETF

$32.66
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Hennessy Sustainable ETF seeks to provide investment results that correspond generally to the performance of the Solactive Sustainable Development Goals World Index, which is designed to track the performance of companies that are aligned with the United Nations Sustainable Development Goals.

Overview

ETF tracking Hennessy Funds Trust Hennessy Sustainable ETF

Category ESG
Issuer Other
Inception Date 2024-12-18
Market Cap $94.2M
Average Volume N/A
Dividend Yield 0.89%
52-Week Range $26.42 - $33.84
VWAP $32.78

Performance

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Investment Summary

📎 Investment Objective

The Hennessy Sustainable ETF seeks to provide investment results that correspond generally to the performance of the Solactive Sustainable Development Goals World Index, which is designed to track the performance of companies that are aligned with the United Nations Sustainable Development Goals.

🎯 Investment Strategy

The ETF invests in a portfolio of global stocks that are selected based on their alignment with the United Nations Sustainable Development Goals, which cover areas such as climate action, clean water, and responsible consumption. The fund aims to provide exposure to companies that are making positive contributions towards a more sustainable future.

✨ Key Features

  • Focuses on companies aligned with the UN Sustainable Development Goals
  • Seeks to track the performance of the Solactive Sustainable Development Goals World Index
  • Broad global exposure to sustainable companies across various sectors
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions.
  • Sustainability investment risk: The fund's focus on sustainable investments may underperform the broader market if such investments do not perform as expected.
  • Foreign investment risk: The fund's global exposure may subject it to risks associated with investments in non-U.S. securities, such as currency fluctuations and political and economic instability.
  • Concentration risk: The fund may be more susceptible to factors adversely affecting its focus sectors than a more diversified fund.

👤 Best For

The Hennessy Sustainable ETF may be suitable for investors seeking exposure to a portfolio of global companies that are aligned with the UN Sustainable Development Goals and who have a long-term investment horizon. Investors with a higher risk tolerance and an interest in sustainable investing may find this fund appealing.