This an exchange-traded fund that exposes investors to a diversified portfolio of Australian companies demonstrating strong environmental, social, and governance (ESG) practices. Of the 87 stocks held, the largest five holdings are Telstra 5.9%, Transurban 5.3%, Westpac 4.9%, Goodman Group 4.6%, and CSL Ltd 4.6% – a broad-based exposure to the ASX200 minus the resources. The GRNV ETF has a reasonable 0.35% expense ratio, while allowing investors to gain exposure to a broad basket of ESG-friendly stocks.
- We can see the GRNV tracking the market higher into Christmas, but the risk/reward isn’t compelling around $33.
Further information on the ETF can be found in the Fact Sheet Here

