NOW IS THE TIME FOR SUSTAINABLE ENERGY
The time has come for sustainable energy. Traditional fossil fuels are simply not competitive.
Sustainable energy is now cheaper than conventional energy. In fact, solar and wind have become the cheapest form of energy for most of the planet.
(Source: Bloomberg New Energy Finance)
Politically, the world seems to be finding the will to deal with climate change. Biden’s clean new energy plan, the China green revolution and the EU’s plan to reduce carbon are all large scale plans to embrace clean, sustainable energy.
SOLR is actively managed and fully transparent. The Fund is approximately equally weighted and holds 30 positions. It is the twin of the Guinness Atkinson Alternative Energy Fund (GAAEX) which launched in 2006.
FUND DESCRIPTION
The SmartETFs Sustainable Energy II ETF invests in companies poised to benefit from the shift to sustainable energy. This includes companies that we believe provide or support alternative or renewable sources of energy (as compared to more traditional sources of energy that can be environmentally depletive, such as fossil fuels like oil or coal or other hydrocarbon-based fuels), or that produce, generate, transport, deliver, or extend energy applications in a way that makes alternative or renewable energy more efficient or accessible.
The ETF is actively managed and fully transparent, investing in 30 approximately equally weighted positions on a global basis.
OBJECTIVE
The SmartETFs Sustainable Energy II ETF seeks long term appreciation by investing in equity securities of companies that provide or support alternative or renewable sources of energy.