Six ETFs for altruistic investors
21 Sep 17
As the proportion of socially responsible assets has soared, from 3.4% in 2014 to 22% today, the range of ETFs designed to capture this demand has grown. Sam Dickens, assistant portfolio manager at IG, looks at some of the best impact ETFs on offer.
Dickens touts this global clean energy ETF as one for the contrarian investor.
It may provide value for those looking to invest in a range of global companies which produce energy from solar, wind and other renewable sources.
He said: “This ETF fell 12% after Donald Trump won the US Presidential Election and although it has since returned to its pre-election price, it is still 11% cheaper relative to iShares MSCI World ETF than it was in November last year.
“While recent rumours of a ‘Solar Wall’ along the US-Mexican border has helped boost the share price of US solar companies, it remains to be seen whether that actually happens.”
