Putnam Investments has announced that it will bring two sustainable US equity strategies to market this year in the form of active ETFs.

These offerings will represent the first ETF products provided by the company:

Putnam Sustainable Leaders ETF – Seeks long-term capital appreciation by investing mainly in common stocks of U.S. companies of any size, with a focus on companies that exhibit a commitment to sustainable business practices

Putnam Sustainable Future ETF – Seeks long-term capital appreciation by investing mainly in common stocks of U.S. companies of any size, with a focus on companies whose products and services provide solutions that directly contribute to sustainable social, environmental and economic development

“Putnam Investments is excited to launch its first suite of actively managed ETFs, providing financial advisors and investors with another vehicle to access our firm’s key investment strategies,” said Robert L. Reynolds, President and Chief Executive Officer, Putnam Investments. “As a long-time active manager, Putnam is enthused to enter the active ETF marketplace, which we expect will gain meaningful traction in the years ahead.”

Commenting further, Putnam Chief Operating Officer Aaron Cooper explained, “In an effort to provide our clients with greater optionality in accessing the firm’s deep, expansive capabilties, Putnam will be combining its fundamentally-driven investment approach with the benefits offered by an ETF structure. Our goal is to deliver strong, risk-adjusted investment performance through an array of products, including traditional mutual funds, separately managed accounts, and soon, active ETFs.”