Expect Another Big Year for Green Bonds
Green bonds and GRNB are relatively new on the fixed income scene, but that didn't prevent the asset class from posting a banner 2021.
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Green bonds and GRNB are relatively new on the fixed income scene, but that didn't prevent the asset class from posting a banner 2021.
Shares of Dillard's Inc. closed out 2021 at $245.02 on Friday, a 295% jump for the year, playing a big part in the 62% gain of the Arkansas Index, a compilation of stocks of the largest publicly traded companies based in the state.
The VanEck Vectors Green Bond ETF (NYSEArca: GRNB) turns five years old in March. Its 2017 debut likely put it ahead of its time.
The Paris Agreement set a target of limiting global warming to well within 2 degrees Celsius above pre-industrial levels by reducing greenhouse gases.
Among the driving forces of success for new ETFs are timing and offering an investment concept that resonates with investors.