- Business
- TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) is a targeted exchange-traded fund that seeks to track the performance of an index representing global equities engaged in the ownership, development, and operation of next-generation power infrastructure assets, with a focus on clean energy transition and energy security across mature and emerging markets. The fund is sponsored by TrueShares and engages in a rules-based methodology to select and weight constituents, emphasizing diversified exposure to power generation, transmission, distribution, and related infrastructure equities that support the deployment of advanced, grid-scale, and decarbonization-oriented assets. It operates within the financial markets infrastructure as an ETF vehicle, providing daily liquidity, intra-day pricing, and transparent holdings disclosures in line with standard ETF practice.
Main products and services
- Core investment product: TrueShares Eagle Global Next Gen Power Infrastructure ETF, ticker PWRZ, an exchange-traded fund designed to provide exposure to global power infrastructure assets emphasizing next-generation and renewable-oriented projects; underlying methodology seeks to capture equity securities involved in ownership, development, and operation of power infrastructure.
- Index tracking and methodology: systematic, rules-based index construction that identifies eligible companies engaged in generation, transmission, distribution, and integration of advanced power infrastructure solutions; periodic reconstitution and rebalancing to reflect changing market dynamics and policy drivers.
- Trading and liquidity services: daily NAV calculations, exchange-listed trading on major venues, transparent end-of-day and intraday indicative values, and standard ETF shareholder services including custodial and settlement settlement.
- Shareholder and data disclosures: regular disclosure of fund holdings, sector and geographic allocations, performance and risk metrics, and compliance with applicable regulatory requirements for exchange-traded funds.
- Administrative and fund governance: sponsor oversight, fund accounting, transfer agency services, compliance monitoring, and distribution/support through authorized participants and market makers.
Latest major company changes
- Strategic partnerships and alliances: announces collaborations with index methodology providers and collateral managers to enhance index construction, governance, and liquidity management; partnerships aimed at ensuring robust tracking accuracy and enhanced market access for investors.
- Funding, acquisitions, and corporate actions: maintains ongoing fund-level capital activities consistent with ETF operations, including potential rebranding or product line expansions adjacent to clean energy infrastructure themes; any acquisitions or reorganizations related to the sponsor’s ETF platform are executed to strengthen operational capability and distribution reach.
- Product launches and service changes: periodically introduces refinements to the ETF lineup, including potential new share classes, enhanced reporting features, and improved liquidity tools to support institutional and retail investors; updates to index methodology or rebalancing frequency may be implemented to maintain alignment with the evolving energy transition landscape.
- Strategic shifts and expansions: broadens geographic and sector scope within the power infrastructure theme to incorporate emerging market projects and cross-border infrastructure investments; expands distribution channels to reach a wider investor base, including advisor networks and wholesale channels.
- Operational changes: ongoing enhancements to fund administration, risk controls, and governance processes to improve operational efficiency and data transparency; periodic updates to prospectus and regulatory filings as required by applicable jurisdictions.
Additional context
- Industry and segments: infrastructure, energy transition, power generation and transmission, grid modernization, renewable integration, and related services; target segments include institutional and retail investors seeking diversified exposure to global power infrastructure assets.
- Target markets and customers: global investor audience including pension funds, endowments, sovereign wealth funds, asset managers, hedge funds, and individual investors seeking thematic exposure to electricity and grid infrastructure.
- Geographic operations: fund holdings target global exposure across developed and emerging markets, with emphasis on regions advancing power infrastructure development and decarbonization initiatives; issuer and sponsor operations headquartered in the United States.
- Founding year and headquarters: sponsor firm established to manage ETF products and provide asset-management solutions; headquarters located in the United States.
- Subsidiaries/parent relationships: the ETF operates under the sponsor’s product framework, with typical fund-level relationships to transfer agents, custodians, and authorized participants within the broader corporate structure of the sponsor; the vehicle is part of a family of TrueShares ETFs leveraging sponsor expertise in alternative and thematic strategies.