Stephen Walters
Clean Energy carrying the weight
Hauling by far the most weight in the portfolio is iShares’ Clean Energy ETF (ticker INRG). It tracks an index by S&P of 30 companies in 15 countries around the world; all of them engaged in some aspect of generating, distributing or storing clean energy; all of them liquid and tradeable. Up 70% in the last 12 months, it has a long way to run, in my opinion.
The other nine funds in the portfolio are no slouches; each one up at least 12 % since purchase sometime in the last 18 months. Their popularity, I interpret, is also owing to ESG.
Accepting some people are not convinced of ESG’s integrity, I’m keen to support the ESG movement while it strives to become fully trustworthy.
