Nanuk lists active ETF

Sustainability focused investment manager, Nanuk Asset Management, has announced listed access to its currency hedged active exchange traded fund (ETF).

The new product, the Nanuk New World Fund (Currency Hedged) Active ETF listing follows adviser feedback, according to Nanuk chief investment officer, Tom King.

He said advisers had sought listed access to the currency hedged version of the fund, which had attracted solid support from advisers and investors after it was launched last year.

“The move to launch the Nanuk New World Fund’s hedged unit class as an ETF has been driven by adviser demand for listed access to the currency hedged version of the Fund, launched last year, which has attracted solid support from advisers and investors,” King said.

The company said the Nanuk New World Fund has a strong track record over nearly a decade and is likely to be well suited to many client portfolios.

“Its differentiated portfolio seeks to provide diversification benefits and alignment with likely future structural changes in the global economy. The strategy’s ETF quotation provides an actively managed, currency hedged version as an alternative to using passive hedged strategies.”

The Fund provides investors with exposure to a diversified portfolio of listed companies that are assessed to be benefiting from, or contributing to, improving global environmental sustainability and resource efficiency.

Investment is primarily in areas such as clean energy, energy efficiency, industrial efficiency, advanced and sustainable materials, waste management, recycling and pollution control, food and agricultural productivity and healthcare technology.