Overview
Description
Tortoise Global Water ESG Fund is an exchange-traded fund designed to provide investors with exposure to companies involved in the global water industry, emphasizing environmental, social, and governance (ESG) criteria. This fund operates with a passive management approach, tracking the performance of the Tortoise Global Water ESG Index, which focuses on businesses engaged in water infrastructure development, management, and treatment globally. The portfolio is notable for its cost efficiency, maintaining one of the lowest expense ratios among its peers, and for its concentrated exposure, with over half of its assets invested in the top ten holdings. These holdings span sectors such as industrials, utilities, and basic materials, encompassing leading companies in water solutions and infrastructure. Tortoise Global Water ESG Fund is particularly relevant for investors seeking to access opportunities arising from the growing need for sustainable water management, climate resilience, and modernization of water assets worldwide.
About
Instrument type
ETF
Country
United States
MIC code
ARCX