ETF.com on new BlackRock climate ETF

On Thursday BlackRock issued the BlackRock Future Climate and Sustainable Economy ETF (BECO), an actively managed fund that invests in stocks of companies that seek to reduce carbon emissions in the broader economy. 

Notably, the fund is seeking to produce a net lower environmental impact than the MSCI ACWI Multiple Industries Select Index as measured through an assessment, rather than seeking to specifically beat that index’s returns. BECO has an expense ratio of 0.70%, and trades on the NYSE Arca.

~ Dan Mika, "ETF Odds & Ends: 2 Active ESG Funds Debut," ETF.com, August 6, 2021