Rob Gough, a portfolio manager for Strategy Shares’ newest ETF
NZRO, has experience as an actor and serial entrepreneur, and is
well acquainted with the plotlines of action-thriller Hollywood
disaster films. He currently co-stars alongside Bruce Willis in the
movie American Siege. Yet, despite warnings of a crisis, he knows
the future doesn’t have to be all doom and gloom when it comes to
climate change.
Over a decade ago, Gough started researching the effects of
climate change because he wanted to make a difference. At the time,
living in Indianapolis, some friends and family seriously
questioned his decision to invest almost every penny he had saved
up into a disruptive recycling business to try and make a change
for the well-being of the environment. Since then, Gough found a
buyer for that recycling company to take it to the next level and
has had multiple other business exits along the way, but that
thirst for making a significant impact in the fight against climate
change never left him.
Fast forward 12 years, he was inspired by the efforts being made
by a company named ClimeWorks when he read about them in September
2021. ClimeWorks recently built and opened “Orca,” the world’s
largest direct air capture “carbon sucking” factory in Iceland that
uses geothermal volcanic power to remove CO₂ from the atmosphere
and sequester it beneath the rock layer. While many innovators and
investors talk about reducing CO₂ emissions in the hopes of slowing
climate change, companies like ClimeWorks are actively taking it to
the next level with Orca by seeking to reverse climate change and
actually reducing excess carbon in the atmosphere.
This was all great news, yet the math indicates that at least
another 39,999 factories like Orca are needed to bring carbon
emissions in check and make sure we avert a real-life climate
disaster. Rob discussed his concern for the frightening impact of
climate change and potential solutions with David Miller, CIO of
Strategy Shares ETFs. The duo understood that investors in the U.S.
would need to do their part and act in a more active way than just
buying “green” stocks.
Miller and Gough decided to team up and launch the Strategy
Shares Halt Climate Change ETF (Nasdaq NZRO), such that profits
from the management fees earned by Strategy Shares from NZRO could
be invested directly into projects and companies that seek to curb
or reverse climate change. The first project for Strategy Shares is
to purchase carbon removal services powered by the ClimeWorks Orca
plant, an investment which began in January 2022. It is estimated
that Orca removes more than 300 metric tons of CO₂ from the
atmosphere each month and fuels ClimeWorks’ ambitions towards
reversing climate change.
In addition to the impact that David and Rob seek to have on the
environment through the climate initiatives, they also know that
investors need to focus on sustainability for the well-being of
their portfolios. The demand for greener investment products is
rising, and this is with good reason. With large investors
divesting from non-renewable energy sources and retail investors
now following their lead, Strategy Shares is proud to offer an
alternative approach for green conscious investors. Businesses
specializing in electric vehicles, solar inverters, and technology
powering remote work and virtual connectivity have seen real
success, which the team behind NZRO believes has created investment
opportunities. The tailwinds for these growing sustainable sectors
of the economy are becoming increasingly obvious.
NZRO’s investment process begins by seeking out those companies
that meet at least one of a set of climate-focused criteria:
- Direct commitment to net zero or reduced carbon emissions
through a company climate pledge or involvement in such initiatives
as the Paris Agreement or The Climate Pledge;
- Companies in the energy transition space deriving at least 50%
of their respective revenues from activities in electrification,
clean transportation, industrial and building efficiency, and other
opportunities related to changing the ways in which energy is
produced and consumed globally;
- Companies deriving at least 50% of their revenues from
activities focused on advancing the progress of reducing carbon
emissions through alternative energy innovation, technological
advancements, climate-conscious value chains and other similar
initiatives.
Companies that meet any of the above criteria are then reviewed
by the fund’s management team using a rigorous fundamental research
approach focused on both their credit worthiness as well as their
commitment to climate initiatives, with the final portfolio made up
of those companies the team believes have the highest risk/return
potential. When a company no longer meets the criteria according to
the investment guidelines, the position will be sold.
“The push for net zero will be a defining economic event for the
foreseeable future. Companies that are positioning themselves to
play a leadership role in carbon reduction aren’t just going to
have an impact on our planet, they will be well positioned in the
eyes of climate-conscious investors,” added David Miller, Portfolio
Manager of NZRO. “We are committed to offering a differentiated
product that can hopefully be positioned to not only outperform the
market over the long-term but can make a real difference in
combating climate change. Investors coming together with a common
goal can have a real impact on fixing the climate crisis, and at
Strategy Shares we hope to be part of the solution.”
“I’ve been incredibly inspired by the advances in technology
that we’ve seen to help push the world to net zero,” said Gough.
“We believe that if enough people join this battle with us, we can
put up a meaningful and significant fight against climate change
before it becomes too late.”
For more information on Strategy Shares ETFs’ unique suite of
investment products, please visit: www.StrategySharesETFs.com.
About Strategy Shares Strategy Shares is a family of
exchange traded funds (ETFs) focused on bringing unique strategies
to the ETF marketplace. Currently, Strategy Shares offers four
ETFs: the Strategy Shares Nasdaq 7HANDL™ Index ETF (HNDL), the
Strategy Shares Nasdaq 5HANDL Index ETF (FIVR), the Strategy Shares
Newfound/ReSolve Robust Momentum ETF (ROMO) and the Strategy Shares
Gold-Hedged Bond ETF (GLDB). For more information on Strategy
Shares and its fund offerings, please visit:
www.StrategySharesETFs.com.
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Strategy Shares
ETFs. This and other important information about the Funds are
contained in the full or summary prospectus, which can be obtained
by calling (855) HSS-ETFS (855-477-3837) or at
www.StrategySharesETFs.com.
The information in this communication is not complete and may be
changed. We may not sell these securities until the registration
statement filed with the Securities and Exchange Commission is
effective. This communication is not an offer to sell these
securities and is not soliciting an offer to buy these securities
in any state where the offer or sale is not permitted.
For more complete information on Strategy Shares, download and
view a prospectus or summary prospectus now or call (855) 477-3837
for a free prospectus or summary prospectus. You should consider
the fund’s investment objectives, risks, charges, and expenses
carefully before you invest. Information about these and other
important subjects is in the fund’s prospectus or summary
prospectus, which you should read carefully before investing.
Investing involves risk, including loss of principal. There is
no guarantee that this, or any investment strategy, will succeed.
Shares of these ETFs are bought and sold at market price (not NAV)
and are not individually redeemed from the ETF. Brokerage
commissions will reduce returns. Climate Change Investment Focus
Risk. The Fund’s focus on securities of issuers that seek
prevent or mitigate the deleterious effects of climate change may
affect the Fund’s exposure to certain sectors or types of
investments. The Fund’s relative investment performance may also be
negatively affected if such sectors or investments are out of favor
with the market. Emerging Market Risk. Emerging market
countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security
holder rights. The Fund is a new fund with no history of operations
as an ETF for investors to evaluate. Foreign Investment
Risk. Investments in foreign securities tend to be more
volatile and less liquid than investments in U.S. securities
because, among other things, they involve risks relating to
political, social and economic developments abroad, including
economic sanctions, as well as risks resulting from differences
between the regulations and reporting standards and practices to
which U.S. and foreign issuers are subject. There is no guarantee
that this, or any investment strategy, will succeed. Shares of
these ETFs are bought and sold at market price (not NAV) and are
not individually redeemed from the ETF. Brokerage commissions will
reduce returns.
The Strategy Shares are distributed by Foreside Fund Services,
LLC, which is not affiliated with Rational Advisors, Inc., or any
of its affiliates.
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version on businesswire.com: https://www.businesswire.com/news/home/20220111005325/en/
Chris Sullivan MacMillan Sullivan Communications (212) 473-4442
chris@macmillancom.com
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