Putnam U.S. Research Fund - Class R6 · NASDAQ:PLJMX
Putnam U.S. Research Fund - Class R6 — Putnam Investments — ETF Trends Webcast (October 2021)
32 slides from Putnam U.S. Research Fund - Class R6's conference presentation, October 2021
Slide 1: Key Drivers in the ETF Market
Key Drivers in the ETF Market October 2021 AD1893203 -10/21 1
Slide 2: 2021: Crossing $7T
2021: Crossing $7T Source: FactSet, as of 10/2/2021 2 AD1893203 -10/21
Slide 3: ETFs Set to Pass Mutual Funds ~ 2026
ETFs Set to Pass Mutual Funds ~ 2026 AD1893203 -10/21 3
Slide 4: The ETF Landscape
The ETF Landscape 2,704 Funds 365 Launches (2021) $6.9 Trillion in Assets $694 Billion Net Inflows Source: FactSet, as of 10/22/2021 4 AD1893203 -10/21
Slide 5: Key Drivers for 2021 (and beyond!)
Key Drivers for 2021 (and beyond!) • Income and Risk Management • Crypto • Inflation, Liquid Alts and Commodities • Taxes • ESG • Active vs. Passive AD1893203 -10/21 5
Slide 6: Income and Risk Management
Income and Risk Management ● Advisors remain in equities -- even increasing their allocations -- while simultaneously expressing their hunt for yield and safety. AD1893203 -10/21 Chart represents relative advisor engagement between categories presented 6
Slide 7: Bitcoin ETFs?
Bitcoin ETFs? 7 AD1893203 -10/21
Slide 8: Inflation?
Inflation? Source: ETF Database 8 AD1893203 -10/21
Slide 9: Inflation!
Inflation! 9 AD1893203 -10/21
Slide 10: Commodities? Maybe?
Commodities? Maybe? Source: Bloomberg, Refinitiv CCI 10 AD1893203 -10/21
Slide 11: Source: Bloomberg, Wolters Kluwer, ETF Trends AD1893203 -10/21
Source: Bloomberg, Wolters Kluwer, ETF Trends 11 AD1893203 -10/21
Slide 12: Capital Gains Rates and Annual S&P Return
Capital Gains Rates and Annual S&P 500 Return 60% 40% Cap Gain Rate Total Return 35% 40% 30% 20% Top Cap Gains Rate 25% Total Return 0% 20% 15% -20% 10% -40% 5% -60% 0% 1926 1931 1936 1941 1946 1951 1956 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 2011 2016 2021 Source: Bloomberg, Wolters Kluw
Slide 13: ESG
E S G In the next 12 months, do you expect your allocation to ESG strategies to: @ Increase © Decrease @ Remain the same Are your conversations with clients focusing on particular areas of ESG investing (select all that apply.) 80% 60% 40% 20% 0% Environment Social Governance Not Applicable AD189320
Slide 14: ESG Launches & AUM By Year
ESG Launches & AUM By Year ESG Launches by Year ESG AUM 40 120,000.00 35 100,000.00 30 80,000.00 25 ($, M) ($, M) 20 60,000.00 15 40,000.00 10 20,000.00 5 0 0.00 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 MTD 2015 2016 2017 2018 2019 2020 MTD OCT OCT 2021 2021 So
Slide 15: ESG ETFs and Index Mutual Funds Expected to Hit $1.3 Trillion by 2030
ESG ETFs and Index Mutual Funds Expected to Hit $1.3 Trillion by 2030 ESG Indexed AUM ($ Billions) Source: Morningstar, State Street Global Advisors, May 31, 2020. 15 AD1893203 -10/21
Slide 16: ESG: Real Money
ESG: Real Money Source: UNPRI.org 16 AD1893203 -10/21
Slide 17: The Active/Passive Debate
The Active/Passive Debate Passive % Of All ETFs & Mutual Funds 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 1/1/2014 1/1/2015 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 Source: Bloomberg AD1893203 -10/21 17
Slide 18: Hot Topic: The Active/Passive Debate
Hot Topic: The Active/Passive Debate Source: S&P Dow Jones Indices AD1893203 -10/21 18
Slide 19: What's In A Theme?
What’s In A Theme? “A Theme is a sector/industry crossing economic bucket, containing securities expected to profit from/drive that theme’s long term economic importance.” (Examples: Space, Cannabis, Clean Energy, Autonomous Driving, Crypto – anything you can’t get out of traditional industry/sector
Slide 20: Semi-Transparent ETF Models
Semi-Transparent ETF Models There are some similarities and differences between these semi-transparent products. The obvious differences are in intraday pricing and what is disclosed daily to the AP. The charts below identify the key similarities and differences between the various product structure
Slide 21: Two distinct approaches to sustainable investing
Two distinct approaches to sustainable investing U.S. equity exposure through investment-relevant sustainability analysis • Context specific: Materiality focus identifies business relevance and leadership potential on a sector-specific basis • Forward looking: Thematic focus identifies growth and im
Slide 22: Sustainable ETF performance
Sustainable ETF performance Sustainable Leaders Sustainable Leaders ETF (inception 5/21/21) 3.64 3.35 ETF 0.38 0.58 S&P 500 Index -5.57 -4.65 1 month 3 months Life cumulative 6.59 7.10 Sustainable Future ETF Sustainable Future ETF (inception 5/21/21) Russell Midcap Growth Index -1.57 -0.76 -5.20 -4.
Slide 23: Related performance demonstrates investment merit
Related performance demonstrates investment merit Putnam Sustainable Leaders Composite 40% 28.38% 27.68% 30.00% 21.11% 20.44% 21.69% 21.02% 15.99% 17.12% Gross 20% Net 0% S&P 500 Index 1 year 3 years Since inception (3/31/18) Putnam Sustainable Future Composite 40% Gross 31.01% 30.29% 30.45% 24.40%
Slide 24: Sustainability research: Materiality map
Sustainability research: Materiality map identifies business relevance and leadership potential Comm Materials Health Tech and tech and Consumer care Financials (hardware) (software) Industrials energy Utilities Board structure and composition Management incentives, ownership, comp alignment GOVERNA
Slide 25: Leadership reflected in companies
Leadership reflected in companies Consumer Utilities Diversity, equity, and inclusion Climate change risk Employee well-being and development Climate change mitigation and adaptation Supplier, distribution, and marketing management GHG emissions SOCIAL Product impact and customer well-being ENVIRONM
Slide 26: Sustainability research: Thematic idea map
Sustainability research: Thematic idea map identifies growth and impact potential For illustrative purposes only. For investment professional use only. Not for public distribution. 327662 10/21 26
Slide 27: Themes reflected in companies
Themes reflected in companies Treatment & Security Intervention & privacy THEME: Chronic Disease THEME: Data Privacy • Nearly 1/2 of Americans suffer from at least one chronic disease • With increasing global connectivity and more data moving • Chronic diseases account for almost 90% of healthcare s
Slide 28: Putnam Sustainable Leaders related composite performance
Putnam Sustainable Leaders Related composite performance Annualized performance net of fees as of September 30, 2021 Putnam Sustainable Leaders Return (%) S&P 500 Index 27.68 30.00 20.44 21.02 14.84 15.92 15.90 17.12 0.37 0.58 Q2 YTD 1 year 3 years Since inception Putnam Sustainable Leaders ETF (the
Slide 29: Putnam Sustainable Future related composite performance
Putnam Sustainable Future Related composite performance Annualized performance net of fees as of September 30, 2021 Putnam Sustainable Future Return (%) 30.29 30.45 Russell Midcap 23.71 22.88 19.14 18.68 Growth Index 11.11 9.60 -1.57 -0.76 Q3 YTD 1 year 3 years Since inception Putnam Sustainable Fut
Slide 30: These ETFs are different from traditional ETFs
These ETFs are different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example: • You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to
Slide 31: Tracking Basket risk
Tracking Basket risk. The fund’s Tracking Basket structure may affect the price at which shares of the fund trade in the secondary market. Although the Tracking Basket is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market pri
Slide 32: Slide 32
Putnam Investments — ETF Trends Webcast (October 2021) on 6ix