 NuShares
ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that seeks to
track the performance of the TIAA ESG USA Mid-Cap Growth Index, which
uses a rules-based methodology to select mid-cap growth stocks from
the US equity market. The index selects companies based on various
environmental, social, and governance (ESG) criteria and seeks to
provide exposure to companies with strong ESG profiles.
NUMG
ETF may appeal to investors looking for mid-cap growth exposure that
incorporates ESG factors in the investment process. By investing in
companies with strong ESG profiles, the fund aims to promote
sustainable investing practices while seeking to deliver attractive
returns over the long-term.
As of March 23, 2023, the fund has
total net assets of approximately $77 million and holds 178 stocks.
The largest sector allocations are in information technology,
healthcare, and consumer discretionary, while the top holdings include
companies such as DexCom Inc, DocuSign Inc, and Generac Holdings Inc.
Investors should keep in mind that like all investments, NUMG ETF
carries risks and may not be suitable for all investors. The fund's
price may be volatile, and investors may incur losses if the market
experiences a downturn. It's important to conduct thorough research
and consult with a financial professional before making any investment
decisions.
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