Business Description
This exchange-traded fund is jointly overseen by New York Life Investment Management and CBRE Investment Management, and focuses on publicly traded companies in the real estate and infrastructure sectors worldwide. It targets businesses of varying sizes that demonstrate a commitment to environmental and social responsibility, drawing on both data-driven and fundamental research to select holdings. The fund measures its results against the MSCI World Index and the CBRE Real Assets Blended Index, and has been operating out of the United States since May 2023.
