World Water Day 2017 Theme ‘Why Waste Water?’
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NEW YORK, March 22, 2017 (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 ‘Why Waste Water?’ underscores the importance of improving water quality by greatly reducing the proportion of untreated wastewater and substantially increasing recycling and safe reuse globally.
“The annual observance of World Water Day brings attention to the vital importance of ensuring the efficient delivery and quality of water across the globe,” said William Belden, Managing Director and Head of ETF Business Development for Guggenheim Investments.
“U.N. data shows that by 2030, global demand for water is expected to grow by 50 percent. Most of this demand will be in cities and will require new approaches to wastewater collection and management.
“The costs of wastewater management are greatly outweighed by the benefits to human health, economic development, and environmental sustainability,” Belden said.
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 is 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 Index. The fund invests in companies across all capitalizations.
The S&P Global Water Index is comprised of approximately 50 equity securities that are 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, with $209 billion 1 in assets across fixed income, equity, and alternative strategies. 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 providing diversification and attractive long-term results.
1 Guggenheim Investments total asset figure is as of 12.31.2016. The assets include $12.3bn of leverage for assets under management and $0.4bn for assets for which Guggenheim provides 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, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
Risk Considerations: The value of an investment in the fund will fluctuate, and you could lose money by investing in the fund. The securities in the Fund’s portfolio may underperform the returns of other securities or indices that track other industries, markets, asset classes or sectors. Adverse developments related to water-related companies may significantly affect the value of the securities held by the Fund. In particular, water-related companies can be affected by technological changes, climactic events, environmental considerations, water conservation, taxes, additional government regulation, including the increased cost of compliance, inflation, an increase in the cost of raw materials, an increase in interest rates and changes in consumer sentiment and spending.
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.
Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 Ivy.McLemore@GuggenheimPartners.com