Overview
Overview
The “blue economy” — economic activities that are based in and actively good for the ocean — is crucial to our continued growth and prosperity across countless industries and communities worldwide. As such, IndexIQ’s OCEN | IQ Clean Oceans ETF was developed in alignment with Oceana, a leading organization in the fight for ocean conservation, to reflect the overwhelming importance of our oceans to livelihoods.
Why OCEN
Why OCEN
Cleaning the oceans is a data-driven investment opportunity.
Studies show that attractive investment opportunities exist in protecting our oceans:
The blue economy is estimated to be worth $2.5 trillion a year2
It is expected to grow 2x faster than the mainstream economy by 20302
Ocean-related industries make up to 7% of global gross domestic product3
OCEN seeks to access these trends by tracking the IQ CANDRIAM Clean Oceans Index, which is designed to provide investors exposure to global stocks of companies that share a commitment to protecting our oceans by reducing pollution and increasing resource efficiency, and are therefore involved in one of the following activities:
- Pollution Reduction
- Carbon Efficiency
- Clean Energy
- Sustainable Oceans
- Cleaner Shipping
OCEN Portfolio
OCEN Portfolio
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OCEN’s Impact
OCEN’s Impact
Protecting our oceans with Oceana
New York Life Investments and IndexIQ contribute to Oceana’s charitable initiatives based on a portion of OCEN’s management fee. The largest international advocacy organization focused solely on ocean conservation, Oceana has protected nearly 4 million square miles of ocean since its founding in 2001. We’re proud to help Oceana further its mission of preventing overfishing, and bycatch, protecting habitat, and reducing single-use plastic pollution.
How to Invest
How to Invest
Invest Today.
When you invest in OCEN, or any of our IQ Dual Impact ETFs, you’re furthering our shared commitment to enhancing individual portfolios' potential and helping to advance the causes that matter to our lives and our planet. Most of all, IndexIQ is helping you align your investments with your values. Which means you’re empowered to do more today, for tomorrow.
The IQ Dual Impact ETF suite is available for purchase on all major trading platforms.
Invest in well-known stocks of companies that strive to combat the detrimental effects of heart disease.
Don’t have an account? Setting one up is easy – simply access your preferred platform and follow their instructions.
Give the Gift of OCEN
Did you know you can gift ETF shares through most brokerage platforms?
Visit your preferred brokerage platform’s website for specific instructions. You can also fill and print out the certificates below to give your recipient. Happy gifting!
Like other ETFs, OCEN is traded on a stock exchange and is available through brokerage firms.
You may click on any of the brokerage firms listed above to purchase OCEN. OCEN is also available through other brokerage firms. Before engaging any brokerage firm, you should evaluate the overall fees and charges of the firm that may apply, as well as the services provided. Ask your brokerage firm about any payment from New York Life Investments or NYLIFE Distributors LLC which may create a conflict of interest influencing the firm to recommend OCEN over another investment.
You will leave the New York Life Investments website by clicking any of the links above.
Foreign securities can be subject to greater risks than U.S. investments, including currency fluctuations, less liquid trading markets, greater price volatility, political and economic instability, less publicly available information, and changes in tax or currency laws or monetary policy. These risks are likely to be greater for emerging markets than in developed markets.
Large-Capitalization Companies Risk: Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.
New Fund Risk The Fund is a new fund. As a new fund, there can be no assurance that it will grow to or maintain an economically viable size, in which case it could ultimately liquidate.
Small and mid-cap stocks are often more volatile than large-cap stocks. Smaller companies generally face higher risks due to their limited product lines, markets and financial markets.
ESG Investing Style Risk Impact investing and/or Environmental, Social and Governance (ESG) managers may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values based criteria to eliminate exposures found in similar strategies or broad market benchmarks, which could also result in relative investment performance deviating. There is no assurance that employing ESG strategies will result in more favorable investment performance.
Clean Oceans Investing Style: The returns on a portfolio of securities that excludes companies that have not adopted practices and policies that help to protect and/or achieve a cleaner ocean through reduced pollution and increased resource efficiency may trail the returns on a portfolio of securities that includes companies that have not adopted these practices and policies. Investing only in a portfolio of securities of companies that help to protect and/or achieve a cleaner ocean through reduced pollution and increased resource efficiency may affect the Fund’s exposure to certain types of investments and may adversely impact the Fund’s performance depending on whether such investments are in or out of favor in the market.
The IQ Candriam Clean Oceans Index is a quantitative and investable index developed by Solactive AG. It is a net total return index published in USD. A net total return index seeks to replicate the overall return from holding a portfolio consisting of the index constituents.
“Oceana, Inc. (“Oceana”) licenses to IndexIQ, the sponsor of IQ Clean Oceans ETF (the “Fund”), certain trademarks for use in connection with the Fund. Shares of the Fund are not issued, sponsored, endorsed or promoted by Oceana. IndexIQ, and its affiliates are donors to and supporters of Oceana and are making a substantial contribution to Oceana. Oceana makes no representation or warranty, express or implied, to prospective or actual investors in the Fund or to any member of the public regarding the advisability of investing in any financial product, including one seeking to track the index representing securities which are consistent with Oceana’s stated objectives and mission (the “Underlying Index”), the ability of the Fund to track the performance of the index constructed by the Fund’s index provider to , the ability of the Underlying Index to meet or exceed stock market performance, the suitability of the Underlying Index for use by the Fund, the suitability of the Fund or the ability of the Underlying Index or Fund to achieve its investment goals. Oceana has no obligation or liability to the Fund, any Fund investor, or any other person in connection with the operation, administration, marketing of or trading in the Fund or shares of the Fund or otherwise. Oceana is not an investment adviser or a fund distributor or service provider and is not involved in the ongoing operation of the Fund. Oceana is not responsible for the completeness or accuracy of the Fund’s registration statement. Inclusion of a security within the Underlying Index is not a recommendation by Oceana to buy, sell or hold such security, nor is it considered to be investment advice or a guarantee that the investment goals of the Underlying Index will be achieved. Oceana is not involved with the construction, calculation or ongoing operation of the Underlying Index and does not guarantee the accuracy and/or the completeness of the Underlying Index or any data included therein.”
“New York Life Investment Management LLC (“NYLIM”) and IndexIQ Advisors LLC (“IndexIQ”) are donors to and supporters of Oceana, Inc. (”Oceana”). Oceana has authorized NYLIM and IndexIQ to reference its name and certain marks owned by Oceana in connection with a commercial co-venture entered into between the Parties. None of the payments made by NYLIM and IndexIQ to Oceana is in exchange for services provided by Oceana. NYLIM and IndexIQ’s contribution to Oceana is calculated on an annualized basis to be the lower of: (i) 0.045% of the Fund’s average daily net managed assets (the average daily value of the total assets of the Fund, less all accrued liabilities of the Fund and less any management fees waived by the Fund’s adviser or sub-adviser); or (ii) ten percent of the Fund’s net annual management fee taking into account all applicable fee waivers and expense reimbursements. NYLIM and IndexIQ will make annual minimum contributions of $50,000 per year through the fifth anniversary of the listing of the ETF on a national securities exchange.”
The 'Blue Economy' is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.
1. Oceana, as of October 2021
2. Reuters Events. “ESG investors slow to make waves in the $2.5tn ocean economy.” Mike Scott. Accessed 19 Sept. 2021 https://www.reutersevents.com/sustainability/esg-investors-slow-make-waves-25tn-ocean-economy
3. CNBC. “Here’s the economic case for investing in oceans.” Emma Newburger. Accessed 4 Oct. 2021 https://www.cnbc.com/2020/07/13/heres-the-economic-case-for-investing-in-oceans.html.