Tortoise Global Water ETF (TBLU)

The Tortoise Global Water ETF (TBLU) is a passively managed exchange-traded fund from Tortoise that provides exposure to companies around the world involved in the water industry.

The fund tracks a rules-based index of global companies whose businesses are tied to water, including water utilities, makers of pipes, pumps, valves and meters, water treatment and filtration providers, and firms supplying infrastructure and engineering services for water systems. The index applies screening criteria to select and weight its constituents.

Its goal is to give investors targeted access to the theme of water scarcity, infrastructure renewal and water quality across developed and emerging markets through a single equity fund.