Carbon Collective Investing Launches the Carbon Collective Climate Solutions U.S. Equity ETF (Nasdaq: CCSO)
September 20 2022 - 9:00AM
Business Wire
CCSO gives investors exposure to a select group of companies
that are dedicated to solving climate change
Carbon Collective Investing, LLC (“Carbon Collective”), a
climate change-focused online investment advisor, today announced
the launch of the Carbon Collective Climate Solutions U.S. Equity
ETF (CCSO), an actively managed exchange-traded fund that invests
in publicly traded companies that are dedicated to solving climate
change.
Climate change poses a serious threat to society and more
investment is needed in companies that are taking steps to reverse
the decades-long damage caused by climate change.
“Climate change is the most important issue facing the world. We
still have time to avoid the worst case scenarios, but only if we
invest capital in climate change solutions that can be adopted and
implemented quickly,” said Zach Stein, co-founder and chief
investment officer, Carbon Collective. “Companies that are directly
involved in climate change solutions have become an important area
of the marketplace and investors need a pure-play and low cost way
to invest in this space.”
The fund invests in approximately 200 companies of any size
market capitalization within sectors such as clean energy,
electrified transportation, efficient buildings, circular economy,
sustainable foods, and industrial electrification.
Carbon Collective conducts extensive searches to identify
companies that are building solutions within these sectors using a
variety of sources including public filings, Internet searches,
cross referencing applicable indices, and publicly available market
research as well as through relevant industry/sector news or blogs
and independent third-party sources such as Project Drawdown and
the International Energy Agency.
Only companies that earn at least 50% of revenue from climate
solutions are included in CCSO. The fund is rebalanced on an annual
basis.
More investment in climate-focused companies allows their
climate technologies to become more widely adopted and enables
investors to participate in the solution for climate change.
“There are hundreds of companies, both well-known and
under-the-radar, that are dedicated to fixing climate change,” said
James Regulinski, co-founder, Carbon Collective. “Our fund aims to
give investors exposure to these companies in one place. Climate
change solutions is an asset class and we’re excited to help
investors gain exposure to this important and rewarding space.”
Toroso Investments, LLC serves as investment adviser to the fund
and Carbon Collective as its sub-adviser.
For more information, please visit:
https://www.carboncollective.co/
About Carbon Collective Carbon Collective is a climate
change-focused online investment advisor. Carbon Collective makes
investing in climate solutions accessible to all investors with low
fee, low minimum, and highly diversified investment portfolios. The
Company augments its investment strategy with shareholder advocacy,
leveraging member's votes to advocate for corporate climate action.
Founded by Zach Stein and James Regulinski, and backed by prominent
venture capital firms like Precursor Ventures and My Climate
Journey, Carbon Collective is out to disrupt the finance industry
and solve climate change.
About Tidal ETF Services Formed by ETF industry pioneers
and thought leaders, Tidal sets out to disrupt the way ETFs have
historically been developed, launched, marketed and sold. With a
transparent, partnership approach, Tidal offers a comprehensive
suite of services, proprietary tools, and methodologies designed to
bring lasting ideas to market. As advocates for ETF innovation,
Tidal helps institutions and organizations launch the most
interesting and viable ETFs available today. For more information,
visit tidaletfservices.com
Disclaimers Advisory services provided by Carbon
Collective Investment LLC ("Carbon Collective"), an SEC-registered
investment adviser. A copy of Carbon Collective's current written
disclosure statement (Form CRS and ADV) discussing Carbon
Collective's business operations, services, and fees is available
at the SEC's investment adviser public information website –
www.adviserinfo.sec.gov or our legal documents here
(https://blog.carboncollective.co/legal-documents/).
The articles and research support materials available on this
site are educational and are not intended to be investment or tax
advice. Carbon Collective uses unaffiliated third party research
and data it believes to be reliable, but is not responsible for the
accuracy or completeness thereof. Investing in securities involves
risks, and there is always the potential of losing money when you
invest in securities. Before investing, consider your investment
objectives and Carbon Collective's charges and expenses. For more
details, see our Form CRS, Form ADV Part 2 and other
disclosures.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
Fund, please call (833) 794-0140 or visit our website at
www.carboncollectivefunds.com. Read the prospectus or summary
prospectus carefully before investing.
Investments involve risk. Principal loss is possible. Climate
Change Consideration Risk. Applying climate change and other
filters to the investment process may exclude securities of certain
issuers for non-investment reasons and therefore the Fund may forgo
some market opportunities available to funds that do not use these
criteria. New Fund Risk. The Fund is a recently organized
management investment company with no operating history. As a
result, prospective investors do not have a track record or history
on which to base their investment decisions. Models and Data
Risk. The composition of the Fund's portfolio is dependent on
proprietary quantitative models as well as information and data
supplied by third parties. Foreign Securities Risk.
Investments in securities of non-U.S. issuers involve certain risks
not involved in domestic investments and may experience more rapid
and extreme changes in value than investments in securities of U.S.
companies.
While the fund has an effective registration with the SEC it is
not available for trading until September 20, 2022.
Distributed by Foreside Fund Services LLC.
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