Carbon Fund Advisors Inc. have just announced the launch of a new actively managed thematic ETF. The ETF is called, the Carbon Strategy ETF (KARB) and as the name suggests the fund looks to offer investors exposure to carbon markets operating in global compliance. The President of Carbon Fund Advisors released a statement that says, “There is a growing global push to regulate and reduce greenhouse gas emissions in an effort to combat climate change, and emissions trading systems can be an effective tool for governments across the glove to achieve their climate goals.”
Carbon Strategy ETF Launches
ETF Newz Says:
KARB will help to give investors another option as many cannot directly buy and sell carbon allowances as it requires an emissions trading system (ETS).