The Race to Sustainable Fund Dominance Is On
The “The five funds attracting the most flows in the first quarter of 2021 were all passive equity funds,” according to Morningstar research. QCLN saw inflows of $1 billion in the first quarter after ranking as one of the top five asset-gathering renewable energy ETFs last year. As Morningstar points out, the First Trust ETF was the only non-iShares fund among the top five asset adders for sustainable funds in the first three months of 2021. A Clean Edge for ‘QCLN’ QCLN seeks investment results that correspond generally to an equity index called the NASDAQ® Clean Edge® Green Energy...