Rize launches environmental ETF

Rize ETF has launched a new ETF targeting environmental sustainability.

The Rize Environmental Impact 100 UCITS ETF is designed to provide investors with exposure to the top 100 most impactful companies developing solutions for the major climatic and environmental challenges. The fund has been developed in partnership with Sustainable Market Strategies and is classified as an Article 9 fund under SFDR.

Rize says the fund employs a proprietary classification methodology that seeks to deconstruct the six environmental objectives into a series of “high impact” investment sub-sectors that the fund invests in.

Rahul Bhushan, Co-Founder and Director of Rize ETF explains: “What we have created here in partnership with SMS is an investment strategy and ETF that is purpose-built for taxonomy-aligned portfolios. As allocators of capital, we have the choice today to align ourselves with public policy objectives. … We believe this is a hugely constructive and positive first step for the asset management industry as we try to phase out greenwashing and vacuous value-signalling. Crucially it also offers much greater clarity to companies as they seek to make their own green transition”.