Another reinvestment option is to put money into an clean energy ETF or renewable energy ETF. Each ETF invests in stocks in lock-step with a market index that tracks a designated list of clean energy companies. Consistent with the ETF idea, the investments within a particular ETF are driven by the index, rather than being actively managed by a fund manager who moves in and out of the stocks they follow.
Clean energy ETF’s include:
ETF Company | Fund Name | Symbol |
First Trust | Global Wind Energy | FAN |
First Trust | NASDAQ Clean Edge Green Energy | QCLN |
First Trust | NASDAQ Clean Edge Smart Grid | GRID |
Guggenheim | Solar | TAN |
Invesco Power Shares | Global Clean Energy | PBD |
Invesco Power Shares | WilderHill Clean Energy | PBW |
Invesco Power Shares | WilderHill Progressive Energy | PUW |
Invesco Power Shares | Global Wind Energy | PWND |
Invesco Power Shares | Cleantech | PZD |
iShares | S&P Global Clean Energy | ICLN |
Van Eck | Global Alternative Energy | GEX |
Van Eck | Solar Energy | KWT |
Be sure to read the prospectus of a fund before investing. Make sure you understand and are comfortable with your investment decisions before you invest.
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