Companies making a difference today

“We believe companies that help to sustain thriving individuals, effective systems, and a healthy planet often also have potential to generate strong financial returns.”

—  
Katherine Collins, CFA, MTS,
Portfolio Manager
Big ideas that set us apart

Putnam Sustainable Leaders ETF

Companies that have demonstrated leadership and commitment to sustainability issues often demonstrate potential for strong long-term financial performance. Our team takes an inclusive lens to sustainable investing, screening companies by their merits and metrics instead of their names or industry. Companies held in this portfolio are established leaders in sustainability issues such as clean and efficient materials use, reductions in carbon or water intensity, and improvements in workplace equality and diversity.

The right team

Katherine Collins, CFA, MTS, is a 31-year veteran in sustainable investing guided by a belief in the fundamental relevance of ESG issues at a security level and the potential for alpha generation and risk mitigation at a portfolio level. Under Katherine’s leadership, a research team with diverse skills identifies companies whose excellence in relevant sustainability issues is driving potential long-term outperformance.

Katherine Collins, CFA, MTS
31 years in the investment industry
Stephanie Dobson
10 years in the investment industry

Putnam’s Sustainable Investing team organizes its research into three overarching categories. We call it “investing to thrive.”

Human health and wellness.

Healthy individuals are a foundation of healthy society. Human health includes elements of preventive care, chronic disease treatment, and mental health support. Companies that support human health include conventional healthcare providers and holistic wellness businesses.

Equity and access to opportunity and resources; efficiency and effectiveness of all systems.

Healthy systems and societies are the connection between the health of individuals and the health of the planet. Our focus on topics such as diversity, equity, inclusion, and justice forms part of a broader theme called Equity and Ethos. We also consider access to information and opportunity.

Environmental health and resource stewardship.

A healthy planet supports all human activity. The effects of climate change — extreme weather events, temperature change, and ocean and soil degradation — are becoming more visible and more acute. As a result, many companies are building climate resiliency into their business models while others are focused on creating solutions to mitigate climate change and its impacts.

More about PLDR

Below you'll find our thought leadership and careful analysis of trends within sustainable investing and culture.

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With the proposed infrastructure bill, America might see a super-charged environment for green-collar jobs.

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Disclosure:

This ETF is different from a traditional ETF. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

You may have to pay more money to trade the ETF's shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared with other ETFs because it provides less information to traders.

These additional risks may be even greater in bad or uncertain market conditions.

The ETF will publish on its website each day a "Tracking Basket" designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF's holdings, it is not the ETF's actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF's performance. If other traders are able to copy or predict the ETF's investment strategy, however, this may hurt the ETF's performance.

For additional information regarding the unique attributes and risks of the ETF, see the disclosure below and the Principal Investment Risks section of the prospectus.

Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

The funds have limited public-trading history and will operate differently from other actively managed ETFs that publish their portfolio holdings on a daily basis.

Diversification does not guarantee a profit or ensure against loss. It is possible to lose money in a diversified portfolio.

Find PLDR through your own brokerage

Fund ticker: PLDR
Category: Growth
Exchange: NYSE

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See complete details

Disclosure:

This ETF is different from a traditional ETF. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

You may have to pay more money to trade the ETF's shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared with other ETFs because it provides less information to traders.

These additional risks may be even greater in bad or uncertain market conditions.

The ETF will publish on its website each day a "Tracking Basket" designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF's holdings, it is not the ETF's actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF's performance. If other traders are able to copy or predict the ETF's investment strategy, however, this may hurt the ETF's performance.

For additional information regarding the unique attributes and risks of the ETF, see the disclosure below and the Principal Investment Risks section of the prospectus.

Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

The funds have limited public-trading history and will operate differently from other actively managed ETFs that publish their portfolio holdings on a daily basis.

Diversification does not guarantee a profit or ensure against loss. It is possible to lose money in a diversified portfolio.