NEW YORK, March 21, 2016 (GLOBE NEWSWIRE) -- United Nations World Water Day is an international observance held every March 22 that provides an opportunity to learn more about water-related issues and take action on a current or future challenge to make a difference. This year’s theme of ‘Water and Jobs’ focuses on how enough quantity and quality of water can change workers’ lives and livelihoods and even transform societies and economies.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/87363b6c-62cf-4e51-8401-782737c7b193
“The observance of World Water Day underscores the ongoing need to ensure the efficient delivery and quality of fresh water across the globe,” said William Belden, Managing Director and Head of ETF Business Development for Guggenheim Investments.
“U.N. data shows that by 2050, global water demand is projected to increase by 55%, mainly due to growing demands from manufacturing, thermal electricity generation, and domestic use. This will place an emphasis on reducing pollution and increasing efficiency of water delivery through improved infrastructure. As a result, investing in water has the potential not only to make a difference in investment portfolios, but also an important difference in the world in which we live.”
Guggenheim provides exposure to companies trying to meet this global demand through Guggenheim S&P Global Water Index ETF (CGW).
CGW offers exposure to those companies, across all market capitalizations, positioned to potentially benefit from the global demand for water. The first U.S.-listed global water ETF, CGW may be positioned to access opportunities resulting from dynamic trends in population growth, consumption and climate.
CGW seeks investment results that correspond generally to the performance, before the fund’s fees and expenses, of the S&P Global Water NR Index. The S&P Global Water NR Index is comprised of approximately 50 equity securities, selected based on investment and other criteria, from a universe of companies listed on global developed market exchanges, which include water utilities, infrastructure, equipment, instruments and materials.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, and manages more than $198 billion1 in assets across fixed income, equity, and alternatives. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 275+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies that provide opportunities for diversification and attractive long-term results.
Past performance is no guarantee of future results.
Read a fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.guggenheiminvestments.com or call 800.820.0888.
1Guggenheim Investments total asset figure is as of 12.31.2015 and includes $11.976bn of leverage for assets under management and $0.487bn for assets for which we provide administrative services. Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, Transparent Value Advisors, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
Investing involves risk, including the possible loss of principal. Adverse developments in the water industry may significantly affect the value of these securities held by the fund. Companies involved in the water industry are subject to environmental considerations, taxes, government regulation, price and supply fluctuations, competition and water conservation. The fund’s investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including less market liquidity, generally greater market volatility than U.S. securities, ad less complete financial information than for U.S. issuers. Investing in securities of small- and medium-sized companies involves greater risk than is customarily associated with investing in larger, more established companies. If the index concentrates in an industry or group of industries, the fund’s investments will be concentrated accordingly. In such event, the value of the fund’s shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries.
Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 Ivy.McLemore@GuggenheimPartners.com
Source: Guggenheim Investments