Our people

We believe big ideas and performance are driven by dedicated and experienced people. Putnam ETFs are guided by investment professionals who research and pursue opportunities based on their expertise and deep analysis, not algorithms.

Real people

Our Sustainable Leaders and Future team

Under the leadership of Katherine Collins, CFA, MTS, a 31-year veteran in sustainable investing, a research team with diverse skills identifies companies whose excellence in relevant sustainability issues is driving potential long-term outperformance.

Katherine Collins, CFA, MTS, Head of Sustainable Investing

Experienced as an equity analyst, portfolio manager, and head of research at Fidelity, Katherine founded and led Honeybee Capital, a sustainable research firm, before joining Putnam in 2017.

Stephanie Dobson, Portfolio Manager

Stephanie brings together experience in interpreting and applying ESG data with skills in fundamental analysis and valuation of companies.

Shep Perkins, CFA, Chief Investment Officer, Equities

Shep is responsible for providing strategic direction to Putnam's portfolio managers and equity analysts. He joined Putnam in 2011 and is Portfolio Manager of Putnam Sustainable Leaders Fund.

Alexander Rickson, CFA, Quantitative Analyst

Alex provides skills both in the interpretation of ESG data and its application to the processes of risk management and portfolio construction.

Our Focused Large Cap Value team

Darren Jaroch, CFA, and Lauren DeMore, CFA, bring a combined 42 years of industry experience and broad investing insight across global markets. Unlike the Russell 1000 Value index, which is reconstituted once a year, Darren Jaroch, CFA, and Lauren DeMore, CFA, research and redefine value on daily basis. They believe looking forward brings true value to investors and may uncover assets that benchmarks might miss.

Darren Jaroch, CFA

Darren is the Portfolio Manager of Putnam Large Cap Value Fund and Putnam International Value Fund. He also manages U.S. large-cap value, non-U.S. value, and global value equity strategies for institutional portfolios. Previously at Putnam, he managed global core equity strategies and worked on quantitative models as a member of the U.S. Value team. Darren joined Putnam in 1999 and has been in the investment industry since 1996.

Lauren DeMore, CFA

Lauren is Assistant Portfolio Manager of Putnam Large Cap Value Fund and Putnam International Value Fund. Previously at Putnam, she served as an Analyst covering the non-U.S. financials, telecommunications, and utilities sectors. Lauren joined Putnam in 2006 and has been in the investment industry since 2002.

Our Focused Large Cap Growth team

Managers Richard Bodzy and Gregory D. McCullough, CFA, believe idea generation can come from observing the world around us. What do we see changing around us, in a retail, in a consumer environment, in an industrial landscape. Their bottom-up fundamental approach combines with a top-down thematic lens that guides them in assembling a portfolio of strongly vetted, high-conviction names that strive to offer steady growth.

Richard Bodzy, Portfolio Manager

Richard is a Portfolio Manager of Putnam Growth Opportunities Fund. Previously at Putnam, he served as an Analyst in the Equity Research group, covering the telecommunication services, media, and software industries. Richard joined Putnam in 2009. He initially served in the investment industry from 2004 to 2006. After completing his M.B.A., Richard rejoined the investment industry in 2008.

Gregory McCullough, CFA, Portfolio Manager

Gregory is a Portfolio Manager of Putnam Growth Opportunities Fund. He joined Putnam in 2019 and has been in the investment industry since 2008.

Disclosure:

These ETFs are different from traditional ETFs. 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.

Disclosure:

These ETFs are different from traditional ETFs. 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.