This month marks the third anniversary of the ETFB Green SRI REITs ETF (RITA), a milestone for a fund that has championed sustainable and socially responsible investing in the real estate sector.
Since its launch in December 2021, RITA has provided investors with a unique opportunity to align their financial goals with environmental and social values.
Why REITs Matter
The RITA ETF is focused on environmentally and socially responsible real estate investment trusts (REITs). It primarily invests in REITs from developed markets that meet specific green and socially responsible investing (SRI) criteria.
A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-producing real estate across various property sectors, such as residential, commercial, or industrial spaces. REITs allow individual investors to earn a share of the income generated from these properties without having to directly purchase or manage the real estate.
RITA’s Core Mission
RITA is managed by ETFB and seeks to track the performance, before fees and expenses, of the FTSE EPRA Nareit Ideal Ratings Developed REITs Islamic Green Capped Index (the “Index”). The Index measures the performance of developed market REITs and real estate equities that meet stringent Shariah-compliant investment criteria and environmental sustainability standards. It combines financial screening aligned with Islamic principles and green criteria to create a focused benchmark for socially responsible, environmentally conscious, and Shariah-compliant investors.
The Success of RITA
RITA uses a passive management approach to tracking the index's performance. As of mid-November, the fund had a 30-day SEC Yield of 2.96%.[1]
Over these three years, the ETF has gained recognition for its commitment to sustainability, showcasing the viability of combining ethical considerations with financial performance. As RITA continues to grow, it stands as a testament to the growing demand for investments that support a more sustainable future.
A Growing Demand for Sustainable Investing?
To learn more about the ETFB Green SRI REITs ETF (RITA) visit: ritaetf.com
Explore more ETC-managed funds: https://exchangetradedconcepts.com/funds
[1] As of 10/31/2024. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the interest earned during the period after deducting the Fund’s expenses for the period.
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. For current performance as of the recent month-end and quarter-end go to www.ritaetf.com/rita. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share.
Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus and Summary Prospectus, which may be obtained by visiting https://www.ritaetf.com/investor-materials. Read the prospectus and Summary Prospectus carefully before investing.
Fund Distributor, Quasar Distributors, LLC,
A word on risk:
Investing involves risk; principal loss is possible. There is no guarantee the Fund's investment objectives will be achieved. This ETF seeks to generally track the investment results of an index; however, the Fund may underperform, outperform, or be more volatile than the index. This Fund invests in equity REITs, which invest the majority of their assets directly in real property and derive their income primarily from rents and capital gains from the sale of appreciated properties. Equity REITs can be greatly affected by economic downturns, by changes in real estate values, rents, property taxes, and interest rates, and by revisions to tax rules or other regulations applicable to REITs. The value of equity securities may decline significantly over short or extended periods of time. The Fund's assets will generally be concentrated in the securities of issuers in the real estate industry, and, accordingly, the Fund may be adversely affected by the performance of those securities, may be subject to increased price volatility, and may be more susceptible to adverse economic, market, political or regulatory occurrences affecting that industry.
Investments in non-U.S. securities also may be subject to withholding or other taxes and may be subject to additional trading, settlement, custodial, and operational risks. These and other factors can make investments in the Fund more volatile and potentially less liquid than other types of investments. Securities for inclusion is also based on socially responsible and green investing criteria, so the Fund may forgo some market opportunities available to funds that don't use these criteria. The value of equity securities may decline significantly over short or extended periods of time. These and other risk considerations, such as interest rate, non-diversification, and smaller company risks, are described in detail in the Fund's prospectus.
Shares are bought and sold at market price, not net asset value (NAV), and are not individually redeemed from the Fund. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share.
Important Disclosures
Exchange Traded Concepts is an SEC Registered Investment Adviser. The Firm's Form ADV is publicly available and can be found here: https://www.adviserinfo.sec.gov/Firm/151197. ETC may be subject to various conflicts of interest in the provision of its services. Potential conflicts of interest shall be identified in the Firm's Form ADV. The Exchange Traded Funds are referred to as "Funds" for purposes of this document. ETC transacts business in the United States and other jurisdictions where it is properly registered or excluded or exempted from registration requirements. This document does not constitute an offer of services in jurisdictions where ETC does not have the necessary licenses.
No representation is made that any Fund's investment process, objectives, goals or risk management techniques will or are likely to be achieved or be successful or that any Fund or any underlying investment will make any profit or will not sustain losses. The risks of investing in a Fund will not be negated by ETC's Fund services, and no assurance is given that a Fund will not be exposed to risks of significant trading losses.
The information provided herein does not constitute tax, legal or accounting advice. ETC does not provide legal, financial, accounting or tax advice. Clients and prospective Clients, as well as investors and prospective investors in a Fund ("Investors") are advised to seek the counsel of their own legal, financial and tax advisors for all matters relating to the services and structures contemplated herein. Each Investor (either alone or with its professional advisors) is solely responsible for its own due diligence, risk assessment and tolerance, investment objectives, any decision to invest in a Fund, and for monitoring its investment for purposes of determining whether it wishes to remain invested in such product and whether such product continues to be appropriate for its circumstances and requirements.
The information provided herein: (a) is provided as of the date indicated, (b) is in summary only and is not complete, and (c) is subject to change at any time without notice. Certain information provided by ETC is based on third-party sources and, although generally believed to be reliable, has not been independently verified. ETC is not responsible for errors or omissions from these sources. No representation is made with respect to the accuracy, completeness, or timeliness of such information, and ETC assumes no obligation to update or otherwise revise such information. In no event will ETC be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with the use of the information contained herein, even if advised of the possibility of such damages. ETC and its respective employees and its affiliates hereby exclude, to the extent permitted by applicable law, all liability in connection with the use of the information herein.
Interests in Funds will not be insured by the FDIC, the SIPC or any other organization, will not be deposits of any bank, and are not guaranteed by any bank.