Rita Etf
The ETFB Green SRI REITs ETF (RITA) seeks to track the performance, before fees and expenses, of the FTSE EPRA Nareit Ideal Ratings Developed REITs Islamic Green Capped Index. The Fund uses a passive management approach to track the performance of the index. The index is composed of a portfolio of exchange-listed real estate investment trusts("REITs") in developed markets meeting the business, financial, socially responsible investing and green investing criteria determined by IdealRatings, Inc. Constituent weights are adjusted (tilted) based on the green building certification and energy usage. Furthermore, sector-regional neutrality constraints are applied to help reduce tracking error.
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