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Nedbank BGreen Exchange Traded Fund (ETF)
In our commitment to accelerate South Africa's transition to a greener economy, Nedbank proudly introduces the Nedbank BGreen ETF. You now have the opportunity to show your commitment to the environment by buying into a green investment.
In July 2011, Nedbank launched the Nedbank Green Index which measures the performance of the top 'green' companies on the JSE. Now you can participate in the performance of the Nedbank Green Index by investing in the BettaBeta Green Exchange Traded Fund (ETF).
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What is the BGreen ETF?
Listed on the JSE, the BGreen ETF enables investment in companies that have been rated by the Carbon Disclosure Project (CDP) as being amongst the best disclosers on climate change issues and the strongest performers in responding to climate change. More than this, the BGreen ETF also rewards companies that have registered Clean Development Mechanism (CDM) projects based in South Africa with the United Nations. As such, the BGreen ETF is not subject to the vagaries of any individual's intuition on how 'green' a company is, but rather on actual ratings awarded by the eminent CDP body.
With its current spread of 20% financials, 31% resources and 49% industrials the Nedbank BGreen ETF will enable investors to gain diversification that closely mirrors the overall South African economy. The current Top Ten constituents of the Nedbank Green Index are: Nedbank, Barloworld, Gold Fields, Woolworths, Sasol, Mondi, Sanlam, Medi-Clinic, Pick 'n Pay and Impala Platinum.
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Who can invest in the BGreen ETF?
The BGreen ETF is aimed at a wide-ranging market; from parents wanting to save money for their children's future, to pension fund trustees wanting to act on their commitment to the Code of Responsible Investment in South Africa (CRISA), to retail and institutional investors requiring an investment tool designed around high levels of sustainability and responsibility.
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