The ICLN ETF: Clean Energy Stocks Still Cleaning House March 17, 2021
The face of energy is shifting from fossil fuels to more renewable resources, whether electricity, wind, solar, or more. This is huge for ETFs like the
The fund seeks to track the S&P Global Clean Energy Index, which is designed to track the performance of approximately 30 clean energy-related companies. Overall, ICLN gives investors access to:
Exposure to companies that produce energy from solar, wind, and other renewable sources
Targeted access to clean energy stocks from around the world
Use to express a global sector view
Strong performance, with a fund up over 180% within the past year
Released Loan Loss Reserves Can Light Up Bank ETFs
KBWB tracks the widely followed KBW Nasdaq Bank Index.
“The Index is a modified-market capitalization-weighted index of companies primarily engaged in US banking activities. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. and is composed of large national US money centers, regional banks and thrift institutions that are publicly traded in the US,” according to Invesco.
An important factor in the 2021 case for funds such as KBWB is the release of cash set aside last year to cover bad loans.
“In the coming months, banks are expected to free up tens of billions of dollars in reserves they set aside to cover soured loans losses that still haven’t materialized a year into a pandemic that shut down swaths of the U.S. economy,” reports David Benoit for the
March 17, 2021
When it comes to inflation-fighting fixed income instruments, investors often turn to Treasury Inflation Protected Securities (TIPS). Yet senior loans may also do the trick, with higher levels of income to boot. Enter the
SRLN invests in senior loans given to businesses operating in North America and outside of North America. The portfolio may invest in senior loans through the loans directly via the primary or secondary market or via participation in senior loans, which are contractual relationships with an existing lender in a loan facility where the loan portfolio purchases the right to receive principal and interest payments.
BDCs Have Big Yields, But Consider These Important Factors March 17, 2021
The search for yield can take income investors to a wide range of alternative asset classes. Those include business development companies (BDCs), accessible via the VanEck
BIZD looks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index.
The index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to, or provide services to privately-held companies or thinly traded U.S. public companies. Getting financing nowadays can be tough through traditional means like big banks. BDCs help fill the gap. While the income proposition is alluring, investors have other considerations with BDCs.
ICICI Pru MF launches new fund of funds
PTI
Mumbai |
Updated on
× ICICI Prudential Mutual Fund is launching a new exchange-traded fund targeted at the 30 least volatile stocks from the Nifty 100 index.
The new fund will open on March 23 and close on April 6, the AMC said on Wednesday.
ICICI Prudential Nifty Low Volatility 30 index is an open-ended fund of funds that will invest in these stocks, and the underlying ETF replicates the Nifty 100 low volatility 30 index, the fund house said.
It will invest in a portfolio of 30 least volatile large-cap stocks in the Nifty 100 index.
The fund offers to provide returns that closely correspond to the returns provided by its benchmark Nifty 100 index. Historically, the Nifty 100 low volatility 30 index has provided 12-16 per cent returns annually over the past years.