Alternative Investments/ESG: USCF Advisers Launch Commodity Facing ETF With Sustainable Focus
USCF ZSC: Investors get commodity exposure across agriculture, renewable energy, and electrification sectors.
The US Commodity Fund (USCF) has introduced the USCF Sustainable Commodity Strategy Fund (ZSC), an actively managed exchange-traded fund (ETF). This fund aims to achieve overall returns by providing broad exposure to commodities in three sustainability-focused areas: agriculture, renewable energy, and electrification.
The fund’s objective is to offer investors the chance to benefit from commodities with a focus on sustainable agriculture, renewable energy, and metals essential for electrification.
According to John Love, President and CEO of USCF, the ZSC ETF provides investors with a fresh perspective to harness the advantages of commodities through exposure that aligns with the agriculture required to support the expanding global population, as well as renewable energy and electrification metals that are positioned to gain from the ongoing energy transition trend.
ZSC intends to attain a “net-zero” carbon footprint by investing in carbon offset assets equivalent to the carbon emissions of its holdings.
USCF is an innovative player in exchange-traded products and funds, having previously introduced the first oil ETF in 2006. The fund management firm currently manages around $4 billion in assets.
Related Story: DWS Introduces A Range Of Factor-Based Equity ETFs With A Focus On ESG
Image credit: World Bank
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