GRN – iPath® Series B Carbon ETN – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to link the return of the ETNs to the performance of the Barclays Global Carbon II TR USD Index. The index has the objective of providing exposure to the price of carbon as measured by the return of futures contracts on carbon emissions credits from two of the world’s major emissions-related mechanisms. The components currently included in the index are futures contracts that trade on the ICE Futures Europe exchange.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GRN	iPath® Series B Carbon ETN	ETF	Open	—	—	Sep 10, 2019	$12.09M	0.750%	—	—	−$5.80M

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