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Prologis

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“Our logistics real estate facilities are designed to minimize environmental impacts and maximize energy efficiency.” — Prologis1

Ticker

PLD(NYSE)2

Headquarters

San Francisco, California

Market Cap

USD $34.3 billion

Company History

Incorporated in 1983
REIT in 2004

Properties

3,282 around the globe

Green Building Certifications

233 sustainable buildings across
87 million sq. ft.
in 16 countries
(as of December 31, 2016)

Total Sq. Ft.

684 Million sq. ft.

Employees

1,600
(as of December 31, 2016)

Customers

5,000

*Data as of December 31, 2017, unless otherwise stated. Available in the Prologis 2016 Sustainability Report.

prologis narashino japan
Prologis’s Multi-Story Warehouse in Narashino, Japan. Source: Prologis, Inc. www.prologis.com

Recent Awards

Dow Jones logo

Dow Jones Sustainability Index North America 2017

gresb

Global Real Estate Sustainability Benchmark 2017 Green Star

NAREIT Leader in the Light Award For Lodging/Resorts

Who is Prologis, Inc.?

Have you ever placed an order online through Amazon? There’s a good chance that your delivery came from a Prologis warehouse. Prologis owns logistics real estate facilities across the globe that they rent to companies that need to transport goods. Prologis’s customers include brands you may be familiar with: Amazon, FedEx, UPS, Walmart, and Best Buy. Prologis customizes the warehouse space to its tenant’s requirements. For Amazon, that means installing robotic storage solutions for quick order fulfillment. For Procter & Gamble, Prologis worked with the local authorities to build access roads to the facility. The company adds value in the logistics supply chain by enabling their customers to receive, store and deliver goods more efficiently. Supporting long-term trends in urbanization, consumption and e-commerce, Prologis locates buildings near metropolitan areas to minimize the distances people and goods must travel.

Sustainability Initiatives

Prologis strives to build warehouses to achieve local green building certifications to deliver best-in-class projects. Prologis is a leader in roof-top solar installations. At the end 2016, Prologis was ranked third in total solar energy generation capacity in the US, behind only Target and Walmart.3Prologis roof-top solar currently generates 165 Megawatts which is enough to power 24,484 homes for a year.4

Accomplishments:5

Skylights– Reduce electricity usage for lighting

Cool Roofs– Reflect sunlight to lower AC needs

Solar Panels– Turn underutilized rooftops into source of clean energy

Local Building Materials– 20-30% are regionally sourced for most new projects

Recycling– Built areas for collection and storage

LED Lighting– Interior and exterior installations

Water Reduction– Xeriscaping and drought-tolerant plants

Electric Car (EV) Charging Stations

Looking Forward:6

Goal 1:
100% of new development designed with a goal of certification where recognized sustainability rating systems are available

Goal 2:
100% energy-efficient lighting across portfolio

Goal 3:
200 Megawatts of solar in portfolio by 2020

Property Spotlight

Georgetown Crossroads is a LEED Gold Certified building in downtown Seattle and one of the first multistory warehouses in the US. Prologis’s development of multistory warehouses in downtown areas demonstrates a commitment to urbanism, a key measurement of sustainability. Building warehouse storage and office facilities near densely populated areas reduces sprawl, keeps jobs local, and enables the use of public transport. It also allows companies like Amazon to innovate transportation choices for ‘the last mile’. The last mile of the delivery is often the most difficult because of traffic congestion, parking issues, and greater sensitivity to noise and pollution. With the trend of customers demanding more frequent deliveries in shorter timeframes, companies prefer closer warehouses, so they can make shorter trips, using smaller, even electric, vehicles. This reduces fuel consumption and improves air quality. It also allows for on-demand-delivery jobbing, creating even more local employment.

1 Prologis (2017) “Serious About Sustainable Development” Available at: https://www.prologis.com/industrial-development-capabilities/capital-deployment/sustainable-development.
2 Prologis, Inc. is 4.89% of the Vert Global Sustainable Real Estate Fund (VGSRX) as of December 31, 2017.
3 Solar Energy Industries Association (2016) “Solar Means Business: Tracking Solar Adoption by America’s Top Companies”. Available at: https://www.seia.org/research-resources/solar-means-business-2016.
4 Prologis (2016) “Prologis 2016 Sustainability Report: An Integrated Approach to Sustainability,” p. 16.
5 Prologis (2016) “Prologis Buildings: A Story of Sustainability – The Americas.” Infographic.
6 Prologis (2016) “Environmental Stewardship” Available at:  https://www.prologis.com/about/sustainable-industrial-real-estate/environmental-stewardship.

Please refer to the Prospectus for full risk disclosures. All data as of December 31, 2017 and subject to change daily.

The Vert Global Sustainable Real Estate Strategy operated as mutual fund from October 31, 2017 and prior to the fund reorganization on December 4, 2023. The investment objectives have not changed.

Investing involves risk. Principal loss is possible. Investors should be aware of the risks involved with investing in a fund concentrating in REITs and real estate securities, such as declines in the value of real estate and increased susceptibility to adverse economic or regulatory developments. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. A REIT’s share price may decline because of adverse developments affecting the real estate industry. REITs may be subject to special tax rules and may not qualify for favorable federal tax treatment which could have adverse tax consequences. The Fund’s focus on sustainability may limit the number of investment opportunities available to the fund and at time the fund may under perform funds that are not subject to similar investment considerations. Diversification does not assure a profit or protect against loss in a declining market.

Please refer to the prospectus for important information about the investment company including investment objectives, risks, charges and expenses which must be considered carefully before investing. You may also obtain a hardcopy of the prospectus by calling 1-844-740-VERT. Read it carefully before investing.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance is annualized for periods greater than 1 year. For performance current to the most recent month end please call 1-844-740-VERT. Standardized performance of the Fund is viewable under the Information tab. Click here for standardized performance of the Fund.

Fund holdings and/or sectors are subject to change at any time and are not recommendations to buy or sell any security. Current and future holdings are subject to change. Click here for the Fund’s current top ten holdings.

Basis points are otherwise known as bps or “bips,” are a unit of measure used in finance to describe the percentage change in the value of financial instruments or the rate change in an index.

The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Environmental, social, and governance (ESG) criteria refer to activities that contribute to the business that not quantified in typical financial reporting.

The Vert Global Sustainable Real Estate ETF is distributed by Quasar Distributors, LLC.

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