Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Carbon Strategy ETF (NYSE: KARB) to Ring the Closing Bell® at the New York Stock Exchange By: Carbon Strategy ETF via Business Wire February 07, 2023 at 15:26 PM EST Carbon Strategy ETF (NYSE: KARB) (“KARB”), an actively managed exchange-traded fund (“ETF”) that aims to provide exposure to global compliance carbon markets, is pleased to announce that it will ring the Closing Bell® at the New York Stock Exchange (NYSE) 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, and Justin Cochrane, the founder and CEO of Carbon Streaming Corporation (OTCQB: OFSTF), which holds a 50 percent equity interest in CFA, will be in attendance to ring the bell. “2023 is an important year for the ETF industry, as it marks the 30th anniversary of the first U.S. listed ETF, which revolutionized the way investors gained exposure to certain sectors of the market at a generally lower price point than traditional mutual funds,” said Mr. Collins. “KARB provides retail investors access to carbon allowance futures contracts, an otherwise inaccessible market until recently, at a time when lowering the world’s carbon footprint is a top priority. We are so pleased to have the opportunity to showcase KARB at the Closing Bell ringing ceremony at the NYSE.” Mr. Cochrane added, “We are at an inflection point in the global fight to combat climate change. The Paris Agreement was signed back in 2015 in an effort to reduce carbon emissions and reach net-zero by 2050. The carbon markets offer a path to pursue those goals and managed exchange-traded funds, such as KARB, open up potential investment opportunities for ESG driven investors.” About Carbon Fund Advisors Inc. Carbon Fund Advisors Inc. was founded by individuals with decades of experience in capital markets to provide investors with exposure to the global carbon markets. The team is comprised of professionals with a diverse set of skills and experiences across asset classes and industries. To learn more, please visit karbetf.com. About Carbon Streaming Corporation Carbon Streaming Corporation aims to accelerate a net-zero future. It pioneered the use of streaming transactions, a flexible funding model, to scale high-integrity carbon credit projects to advance global climate action and additional United Nations Sustainable Development Goals. Carbon Streaming’s common shares are traded on the NEO Exchange in Canada (symbol: NETZ), the OTCQB in the U.S. (symbol: OFSTF) and the Frankfurt Stock Exchange in Germany (symbol: M2Q). Disclosures Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s full and summary prospectus, which may be obtained by visiting http://karbetf.com/investor-materials. Read the prospectus carefully before investing. 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. Distributor: Quasar Distributors, LLC. The Carbon Streaming BITA Compliance Index is jointly owned by Carbon Fund Advisors Inc. and BITA GmbH, and is calculated, administered, and disseminated by BITA GmbH. While the Carbon Strategy ETF utilizes the Carbon Streaming BITA Compliance Index (the “Index”) as a reference index, it is an actively managed fund and is under no obligation to follow the rules of the Index or invest in the underlying holdings of the Index and may not track the performance of the Index. The Fund expects to gain Carbon Futures exposure by investing in a wholly owned and controlled subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Subsidiary is not registered under the 1940 Act, and, unless otherwise noted in the prospectus, is not subject to all the investor protections of the 1940 Act. The Fund’s investment exposure to futures instruments will cause it to be deemed to be a commodity pool, thereby subjecting the Fund to regulation under the CEA and CFTC rules. Registration as a CPO imposes additional compliance obligations on the Advisor and the Fund related to additional laws, regulations, and enforcement policies, which could increase compliance costs and may affect the operations and financial performance of the Fund. View source version on businesswire.com: https://www.businesswire.com/news/home/20230207006109/en/Contacts Media: Sarah Griffin Kane & Hook Communications T: 617.285.0432 E: sarah@kaneandhook.com Stock Quote API & Stock News API supplied by www.cloudquote.io Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Carbon Strategy ETF (NYSE: KARB) to Ring the Closing Bell® at the New York Stock Exchange By: Carbon Strategy ETF via Business Wire February 07, 2023 at 15:26 PM EST Carbon Strategy ETF (NYSE: KARB) (“KARB”), an actively managed exchange-traded fund (“ETF”) that aims to provide exposure to global compliance carbon markets, is pleased to announce that it will ring the Closing Bell® at the New York Stock Exchange (NYSE) 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, and Justin Cochrane, the founder and CEO of Carbon Streaming Corporation (OTCQB: OFSTF), which holds a 50 percent equity interest in CFA, will be in attendance to ring the bell. “2023 is an important year for the ETF industry, as it marks the 30th anniversary of the first U.S. listed ETF, which revolutionized the way investors gained exposure to certain sectors of the market at a generally lower price point than traditional mutual funds,” said Mr. Collins. “KARB provides retail investors access to carbon allowance futures contracts, an otherwise inaccessible market until recently, at a time when lowering the world’s carbon footprint is a top priority. We are so pleased to have the opportunity to showcase KARB at the Closing Bell ringing ceremony at the NYSE.” Mr. Cochrane added, “We are at an inflection point in the global fight to combat climate change. The Paris Agreement was signed back in 2015 in an effort to reduce carbon emissions and reach net-zero by 2050. The carbon markets offer a path to pursue those goals and managed exchange-traded funds, such as KARB, open up potential investment opportunities for ESG driven investors.” About Carbon Fund Advisors Inc. Carbon Fund Advisors Inc. was founded by individuals with decades of experience in capital markets to provide investors with exposure to the global carbon markets. The team is comprised of professionals with a diverse set of skills and experiences across asset classes and industries. To learn more, please visit karbetf.com. About Carbon Streaming Corporation Carbon Streaming Corporation aims to accelerate a net-zero future. It pioneered the use of streaming transactions, a flexible funding model, to scale high-integrity carbon credit projects to advance global climate action and additional United Nations Sustainable Development Goals. Carbon Streaming’s common shares are traded on the NEO Exchange in Canada (symbol: NETZ), the OTCQB in the U.S. (symbol: OFSTF) and the Frankfurt Stock Exchange in Germany (symbol: M2Q). Disclosures Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s full and summary prospectus, which may be obtained by visiting http://karbetf.com/investor-materials. Read the prospectus carefully before investing. 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. Distributor: Quasar Distributors, LLC. The Carbon Streaming BITA Compliance Index is jointly owned by Carbon Fund Advisors Inc. and BITA GmbH, and is calculated, administered, and disseminated by BITA GmbH. While the Carbon Strategy ETF utilizes the Carbon Streaming BITA Compliance Index (the “Index”) as a reference index, it is an actively managed fund and is under no obligation to follow the rules of the Index or invest in the underlying holdings of the Index and may not track the performance of the Index. The Fund expects to gain Carbon Futures exposure by investing in a wholly owned and controlled subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Subsidiary is not registered under the 1940 Act, and, unless otherwise noted in the prospectus, is not subject to all the investor protections of the 1940 Act. The Fund’s investment exposure to futures instruments will cause it to be deemed to be a commodity pool, thereby subjecting the Fund to regulation under the CEA and CFTC rules. Registration as a CPO imposes additional compliance obligations on the Advisor and the Fund related to additional laws, regulations, and enforcement policies, which could increase compliance costs and may affect the operations and financial performance of the Fund. View source version on businesswire.com: https://www.businesswire.com/news/home/20230207006109/en/Contacts Media: Sarah Griffin Kane & Hook Communications T: 617.285.0432 E: sarah@kaneandhook.com
Carbon Strategy ETF (NYSE: KARB) (“KARB”), an actively managed exchange-traded fund (“ETF”) that aims to provide exposure to global compliance carbon markets, is pleased to announce that it will ring the Closing Bell® at the New York Stock Exchange (NYSE) 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, and Justin Cochrane, the founder and CEO of Carbon Streaming Corporation (OTCQB: OFSTF), which holds a 50 percent equity interest in CFA, will be in attendance to ring the bell. “2023 is an important year for the ETF industry, as it marks the 30th anniversary of the first U.S. listed ETF, which revolutionized the way investors gained exposure to certain sectors of the market at a generally lower price point than traditional mutual funds,” said Mr. Collins. “KARB provides retail investors access to carbon allowance futures contracts, an otherwise inaccessible market until recently, at a time when lowering the world’s carbon footprint is a top priority. We are so pleased to have the opportunity to showcase KARB at the Closing Bell ringing ceremony at the NYSE.” Mr. Cochrane added, “We are at an inflection point in the global fight to combat climate change. The Paris Agreement was signed back in 2015 in an effort to reduce carbon emissions and reach net-zero by 2050. The carbon markets offer a path to pursue those goals and managed exchange-traded funds, such as KARB, open up potential investment opportunities for ESG driven investors.” About Carbon Fund Advisors Inc. Carbon Fund Advisors Inc. was founded by individuals with decades of experience in capital markets to provide investors with exposure to the global carbon markets. The team is comprised of professionals with a diverse set of skills and experiences across asset classes and industries. To learn more, please visit karbetf.com. About Carbon Streaming Corporation Carbon Streaming Corporation aims to accelerate a net-zero future. It pioneered the use of streaming transactions, a flexible funding model, to scale high-integrity carbon credit projects to advance global climate action and additional United Nations Sustainable Development Goals. Carbon Streaming’s common shares are traded on the NEO Exchange in Canada (symbol: NETZ), the OTCQB in the U.S. (symbol: OFSTF) and the Frankfurt Stock Exchange in Germany (symbol: M2Q). Disclosures Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s full and summary prospectus, which may be obtained by visiting http://karbetf.com/investor-materials. Read the prospectus carefully before investing. 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. Distributor: Quasar Distributors, LLC. The Carbon Streaming BITA Compliance Index is jointly owned by Carbon Fund Advisors Inc. and BITA GmbH, and is calculated, administered, and disseminated by BITA GmbH. While the Carbon Strategy ETF utilizes the Carbon Streaming BITA Compliance Index (the “Index”) as a reference index, it is an actively managed fund and is under no obligation to follow the rules of the Index or invest in the underlying holdings of the Index and may not track the performance of the Index. The Fund expects to gain Carbon Futures exposure by investing in a wholly owned and controlled subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Subsidiary is not registered under the 1940 Act, and, unless otherwise noted in the prospectus, is not subject to all the investor protections of the 1940 Act. The Fund’s investment exposure to futures instruments will cause it to be deemed to be a commodity pool, thereby subjecting the Fund to regulation under the CEA and CFTC rules. Registration as a CPO imposes additional compliance obligations on the Advisor and the Fund related to additional laws, regulations, and enforcement policies, which could increase compliance costs and may affect the operations and financial performance of the Fund. View source version on businesswire.com: https://www.businesswire.com/news/home/20230207006109/en/