Fund Description
The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies that exhibit a commitment to financially material sustainable business practices. Stocks of companies that exhibit a commitment to financially material sustainable business practices are typically, but not always, considered to be growth stocks. Growth stocks are stocks of companies whose revenues, earnings, or cash flows are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. The fund may consider, among other factors, a company s sustainable business practices like valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Investment Management, LLC s (Putnam Management) sustainability criteria. In applying these criteria, Putnam Management will assign each company a proprietary environmental, social and/or corporate governance (ESG) rating ranging from 1 to 4 (1 indicating the highest (best) ESG rating and 4 indicating the lowest (worst) ESG rating). In order to meet Putnam Management s sustainability criteria for purposes of this investment policy, a company must be rated 2 or 1 by Putnam Management.
Fund Profile
Fund Name Putnam Sustainable Leaders ETF
Fund Exchange Ticker PLDR
Fund Sponsor Putnam Investments
Fund ISIN US7467291024
Net Expense Ratio 0.59 %
Fund Inception Date 25 May 2021
Fund Legal Structure Fidelity Actively Managed Open End ETF
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 23 September 2021
Asset Under Management 7.46 Million (USD)
1 Month Total Return -0.50 %
Year To Date Return 8.51 %
1 Year Total Return
3 Year Annualized Total Return
NAV 27.11
Share Outstanding 275,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting