GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) announced today the launch of a trust of nine Precidian ActiveShares actively managed ETFs.
The first ETF in the trust, set to launch in November, pending SEC approval of a final registration statement, will be Love Our Planet & People (LOPP), an Environmental, Social, and Governance (ESG) ETF. This Fund reflects the GAMCO team’s belief that “our planet and people” are essential to the future of Planet Earth.
LOPP will emphasize the environmental aspect, or “E” in ESG, placing an emphasis on investing in publicly traded companies with a focus on sustainability. The Fund combines a research intensive process with social screens and a holistic ESG overlay to deliver returns in a socially responsive manner.
GAMCO, known for its research intensive investment approach, is pleased to offer its value, growth and absolute return strategies to clients through the tax-efficient ETF format.
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