Touchstone Investments has launched the Touchstone Climate Transition ETF (HEAT: Cboe BZX), an actively-managed ETF that invests in companies that are likely to benefit from the ongoing climate transition. The ETF seeks to achieve its investment objective of capital appreciation by offering investors a comprehensive framework to invest in three categories of companies across all sectors: solution providers, transition leaders, and adaptation opportunities. This is Touchstone’s fifth active ETF and first thematic ETF offering, and it will be sub-advised by Lombard Odier Investment Managers.
ETF Newz Says:
The Climate Transition ETF is designed to provide a tax-efficient, cost-competitive, and transparent way to access Touchstone's investment strategies with no investment minimum.