Bringing you live news and features since 2006 

Nuveen launches two new ETFs including ESG and semi-transparent structure

RELATED TOPICS​

Nuveen has launched two new ETFs, the Nuveen Growth Opportunities ETF (NYSE:NUGO) and the Nuveen ESG Dividend ETF (Cboe:NUDV).

NUGO is actively managed by Karen Hiatt, CFA, and will seek to outperform the Russell 1000 Growth Index by investing in 40-65 high conviction securities, making up approximately 10 per cent of the broader index. The firm writes that, leveraging Nuveen’s expertise in stock selection, analytics and product structuring capabilities across the scale of its USD1.2 trillion platform, NUGO is the firm’s first alpha-seeking strategy to be launched only in the semi-transparent active ETF wrapper.
 
NUDV is the first ESG Dividend ETF in the industry to incorporate a low-carbon criteria, the firm writes. The fund is focused on providing yield and seeks to track an ESG-enhanced custom index developed by Nuveen’s Responsible Investing team.
 
“Our suite of differentiated ETFs brings to market Nuveen’s industry-leading expertise, from real-estate to high-conviction active strategies, to ESG-enhanced index funds that are informed by a five-decade track record in responsible investing,”says Jordan Farris, Head of ETF Product, Nuveen. “These funds have delivered upon their investment objectives since their launch in 2016 and continue to grow as investors increasingly seek unique exposures efficiently delivered in the ETF wrapper.”

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by