Carbon Strategy ETF (NYSE: KARB) Rings the Closing Bell® at the New York Stock Exchange

Carbon Strategy ETF (NYSE: KARB) (“KARB”), an actively managed exchange-traded fund (“ETF”), rang the Closing Bell® at the New York Stock Exchange on Tuesday, February 7, 2023.

KARB aims to provide investors exposure to the compliance carbon markets and potential rising carbon prices. It uses as a reference index, the Carbon Streaming BITA Compliance Index, which is a rules-based index that tracks the performance of the compliance carbon markets through an allocation in some of the most liquid carbon allowance futures contracts.

Tim Collins, a founder and President of Carbon Fund Advisors Inc. (“CFA”), the sponsor of KARB, rang the bell. Also in attendance were representatives from: Carbon Streaming Corporation, which holds a 50 percent equity interest in CFA; Exchange Traded Concepts LLC, the fund's advisor; and BITA GmbH, which is responsible for the calculation, administration and dissemination of the Index. 

Disclosures

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, visit www.karbetf.com/investor-materials. Read the prospectus carefully before investing.

An investment in the Fund involves risk, including possible loss of principal. There is no assurance that the Fund will achieve its investment objectives.

The investments held in the Fund’s portfolio may experience sudden, unpredictable drops in value or long periods of decline in value. Cap and Trade Risk. There is no assurance that cap and trade programs will continue to exist. Cap and trade may not prove to be an effective method of reducing greenhouse gas emissions. As a result, or due to other factors, cap and trade programs may be terminated or may not be renewed upon their expiration. Investment Capacity Risk. If the Fund’s ability to obtain exposure to carbon credit futures contracts, which are commodity futures contracts linked to the value of emission allowances (“Carbon Futures”), consistent with its investment objective is disrupted for any reason including, limited liquidity in the Carbon Futures market, a disruption to the Carbon Futures, or as a result of margin requirements or position limits imposed by the Fund’s FCMs, the CME, or the CFTC, the Fund would not be able to achieve its investment objective and may experience significant losses.   

The Fund is distributed by Quasar Distributors, LLC.