 The
KSET ETF, or the KS Global Carbon Offset Strategy ETF, is an
exchange-traded fund that seeks to track the performance of the
Morningstar Global Carbon Offset Index. The index is designed to track
the performance of companies that provide carbon offsets or are
engaged in activities that reduce greenhouse gas emissions.
As
of the most recent report, the fund had total assets under management
of approximately $18 million and an expense ratio of 0.50%. The fund's
top holdings included companies such as Neste Oyj, Orsted A/S, and
TotalEnergies SE, among others. The fund has a relatively concentrated
portfolio, with its top 10 holdings representing approximately 65% of
the total portfolio.
In terms of performance, the KSET ETF has
only been in operation since December 2021 and has a limited track
record. As of the end of February 2022, the fund had a year-to-date
return of approximately -1.8%.
The KSET ETF offers investors
exposure to a unique investment strategy that seeks to track the
performance of companies that provide carbon offsets or are engaged in
activities that reduce greenhouse gas emissions. However, investors
should be aware that the fund's focus on a specific investment theme
may result in higher concentration risk and may be more volatile
compared to more diversified ETFs. Additionally, the limited track
record of the fund makes it difficult to assess its long-term
performance potential.
|
