For Financial Professionals in the US

JZRO Net Zero Transition Resources ETF

Global equities portfolio comprised of resources companies across the supply chain positioned for the transition to a low-carbon future

NAV
$22.65
As of 06/02/2023

1-Day Change
$0.58 (2.63%)
 As of 06/02/2023

YTD Return
-2.57%
As of 06/02/2023

Overview

ABOUT THIS ETF

Global commitments to Net Zero greenhouse gas emissions by 2050 create investment opportunity driven by urgency and innovation. Seeking to capitalize on the breadth of these opportunities, our process incorporates sectors and companies across the natural resources supply chain. We believe high quality natural resources companies that are contributing to this transition can generate attractive long-term returns.

WHY INVEST IN THIS ETF

  • Supply chain diversification: Diversified across the supply chain spectrum, sub-industries and countries, seeking to increase opportunities and mitigate risk
  • Embedded sustainability analysis: Rigorous security selection process with integrated ESG analysis, aiming to identify high quality companies with sustainable competitive advantages
  • Experienced team: Over 120 years of combined natural resources investment experience

Manage Wealth with a Sense of Purpose

View our Sustainable ETF Solutions

PORTFOLIO MANAGEMENT

Tim Gerrard

Tim Gerrard

Portfolio Manager

Industry since 1980. Joined Firm in 2015.

Darko Kuzmanovic

Darko Kuzmanovic

Senior Portfolio Manager

Industry since 1985. Joined Firm in 2015.

Tal Lomnitzer, CFA

Tal Lomnitzer, CFA

Senior Investment Manager

Industry since 2000. Joined Firm in 2019.

Daniel Sullivan

Daniel Sullivan

Head of Global Natural Resources | Portfolio Manager

Industry since 1989. Joined Firm in 2013.

Performance

RETURNS (%) (As of 03/31/2023)
NAV Market Price S&P Global Natural Resources Index
 
3M YTD 1YR Since Inception
(09/08/2021)
NAV 0.27 0.27 -19.11 -2.78
Market Price 0.19 0.19 -18.87 -2.73
S&P Global Natural Resources Index 0.41 0.41 -5.62 10.59
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
RETURNS (%) (As of 05/31/2023)
NAV Market Price S&P Global Natural Resources Index
 
3M YTD 1YR Since Inception
(09/08/2021)
NAV -8.94 -6.87 -17.08 -6.60
Market Price -8.75 -6.98 -16.79 -6.57
S&P Global Natural Resources Index -10.76 -9.35 -14.84 3.22
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
Calendar Year Returns (%)
NAV Market Price S&P Global Natural Resources Index
2022
NAV -9.12
Market Price -8.89
S&P Global Natural Resources Index 9.59

PREMIUM/DISCOUNT HISTORY
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
03/31/202304/03/202304/06/2023$0.023730$0.000000 $0.000000 $0.023730
12/20/202212/21/202212/27/2022$0.098874$0.000000 $0.000000 $0.098874
09/30/202210/03/202210/06/2022$0.03091$0.000000 $0.000000 $0.030910
06/30/2022 07/01/2022 07/07/2022 $0.107452$0.000000 $0.000000 $0.107452
03/31/2022 04/01/2022 04/06/2022 $0.095825$0.000000 $0.000000 $0.095825
12/20/202112/21/202112/27/2021$0.263881$0.000000 $0.000000 $0.263881
View Full History

MORNINGSTAR PERCENTILE

(As Of 03/31/2023)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 90 - - - -
Natural Resources | Rank/Count 112/119 -/- -/- -/- -/-
(As Of 05/31/2023)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 76 - - - -
Natural Resources | Rank / Count 91/117 -/- -/- -/- -/-

Portfolio

Index represents the S&P Global Natural Resources Index

Top Holdings (As of 06/02/2023)
% of Fund
Cameco Corporation 4.79
Vestas Wind Systems A/S 4.77
Wheaton Precious Metals Corp 4.37
NexGen Energy Ltd. 4.13
Nexans SA 3.75
Air Products and Chemicals, Inc. 3.72
Deere & Company 3.65
Pan American Silver Corp. 3.51
Champion Iron Ltd. 3.46
Darling Ingredients Inc 3.39
View full holdings

Download

Portfolio Characteristics (As of 06/02/2023)
 
Number of Holdings
Equity Issues		 48
Market Capitalization
Weighted Average		 $24.60B
Portfolio Turnover Rate
(1-year trailing)		 67.79%
Price/Earnings Ratio
(1-year forward)		 18.59
Price/Book Ratio
 3.38
Earnings Growth Rate
(1-year forward)		 19.22%
Sector Allocation % OF FUND % OF FUND (As of 06/02/2023)
Regional Allocation % OF FUND % OF FUND (As of 06/02/2023)
Market Capitalization Range of Equity Holdings % OF FUND % OF FUND (As of 06/02/2023)
Developed vs Emerging Markets % OF FUND % OF FUND (As of 06/02/2023)

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