Active ETF
Putnam PanAgora ESG Emerging Markets Equity ETF (Class A)
(PPEM)
Pursues outperformance in emerging market stocks that exhibit positive environmental, social, and governance (ESG) metrics
Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM)
NAV as of 05/10/24
$21.12
Market data all data below as of 05/10/24
Closing market price
|
$21.25 |
30-day median bid-ask spread
|
0.30% |
Day high
|
$21.26 |
Day low
|
$21.25 |
Premium/Discount
|
0.60% |
30-day average trading volume
|
2,405 |
Net assets and outstanding shares |
Download CSV |
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ETF facts as of 04/30/24
Ticker
PPEM
CUSIP
746729706
Inception date
01/19/23
Total net assets
$25.11M
Open to new investors
Category
Blend
Turnover (fiscal year-end)
--
Dividend frequency
Annually
Number of holdings
97
Fiscal year-end
April
Objective
Putnam PanAgora ESG Emerging Markets Equity ETF seeks long-term capital appreciation.
Strategy and process
- Systematic strategyDisciplined, risk-aware quantitative strategy that seeks to invest in emerging market companies that exhibit positive ESG metrics and offer attractive long-term investment opportunities
- Quantitative alpha modelSeeks to build a well-diversified portfolio by identifying return drivers of companies based on competitive advantage, power among competitors, governance, and sustainability
- Experienced investment teamAn experienced manager of quantitative investment strategies since 1989
Fees and expenses
Management fees |
0.60% |
Acquired fund fees and expense |
0.01% |
Total expense ratio |
0.61% |
Management team
George D. Mussalli, CFA
Head of Equity Research and Chief Investment Officer, Equity Investments
29 years in industry
20 years at PanAgora
See full profile
Richard Tan, CFA
Managing Director, Head of Stock Selector Equity Investments
27 years in industry
16 years at PanAgora
See full profile
Compare
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Holdings
Icici Bank |
9.53% |
Taiwan Semiconductor Manufacturing |
9.48% |
Samsung Electronics |
5.47% |
Infosys |
4.12% |
Dr Reddy'S Laboratories |
3.97% |
Tencent Holdings |
3.35% |
Alibaba Group Holding |
2.06% |
Bank Central Asia Tbk Pt |
1.94% |
Kia Corp |
1.79% |
Gold Fields |
1.78% |
Top 10 holdings, percent of portfolio |
43.49% |
Sector weightings
as of 03/31/24
Information technology |
26.78% |
Financials |
26.48% |
Communication services |
11.49% |
Consumer discretionary |
10.57% |
Health care |
8.29% |
Materials |
4.13% |
Industrials |
3.47% |
Consumer staples |
3.26% |
Real estate |
1.85% |
Other |
3.69% |
Energy |
1.80% |
Cash and net other assets |
0.98% |
Utilities |
0.92% |
0
The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.
Sectors will vary over time.
Equity statistics as of 03/31/24
Median market cap |
$13.34B |
Weighted average market cap |
$126.63B |
Price to book |
1.85 |
Price to earnings |
11.96 |
Country allocation
as of 03/31/24
China |
21.37% |
Taiwan |
19.34% |
India |
17.62% |
South Korea |
15.80% |
South Africa |
4.28% |
Brazil |
3.57% |
Thailand |
3.22% |
United Arab Emirates |
2.97% |
Mexico |
2.87% |
Other |
8.95% |
Saudi Arabia |
2.69% |
Indonesia |
1.94% |
Poland |
1.17% |
Cash and net other assets |
0.98% |
Malaysia |
0.80% |
Turkey |
0.57% |
Hungary |
0.54% |
Chile |
0.28% |
0
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. You cannot invest directly in an index.
Consider these risks before investing: Investing with a focus on companies or issuers that exhibit a commitment to ESG factors may result in the fund investing in certain types of companies or issuers that underperform the market as a whole. In evaluating an investment opportunity, we may make investment decisions based on information and data that is incomplete or inaccurate. Due to changes in the products or services of the companies and issuers in which the fund invests, the fund may temporarily hold securities that are inconsistent with its ESG investment criteria.
International investing involves currency, economic, and political risks. Emerging market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations.
The value of investments in the fund's portfolio may fall or fail to rise over time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings. Our investment techniques, analyses, and judgments may not produce the outcome we intend. You can lose money by investing in the fund.
Investing in an ETF is as easy as investing in a stock
Putnam ETFs, which trade on the New York Stock Exchange, can be purchased and sold the way you would buy or sell a stock — through a broker or with the help and guidance of your advisor. Brokerage commissions and transactions costs may vary, so be sure to check on these costs with your broker, advisor, or other financial intermediary.
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Investing in an ETF is as easy as investing in a stock.
Putnam ETFs are available for purchase and sale through most self-directed brokers or with the help of your financial advisor. Opening an online self-directed brokerage account provides investors with:
- Accessibility to a variety of investment products
- Tools to help you build and optimize your portfolio
- Flexibility and freedom of managing your investment portfolio