Green/clean energy fund

Shocking_Blue

Dear all,
Just wondered if any members had any tips for funds with a strong green/clean energy weighting. Having already set up a core of passive multi-asset funds I'm looking to add some satellite funds that focus on particular sectors (have recently put a smaller amount into 100% tech). Clean/green energy would seem to make a nice next sector.
Any advice welcome.
Thanks in advance

Stargunner

 Ishares Global clean energy (INRG) is an etf that tracks the performance of an index composed of 30 of the largest global companies involved in the clean energy sector and has performed very well this year.

Shocking_Blue

Stargunner said:

 Ishares Glibsl clean energy (INRG) is an etf that tracks the performance of an index composed of 30 of the largest global companies involved in the clean energy sector and has performed very well this year.

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

Stargunner

Shocking_Blue said:

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

That is the one.
if you want a fund you could also look at Guinness Sustainable Energy X GBP Acc

Thrugelmir

Investment trusts offer a different perspective
AQUILA EUROPEAN RENEWABLES INCOME FUND PLC (AERS)
ECOFIN GLOBAL UTILITIES & INFRASTRUCTURE TRUST PLC (EGL)

Moe_The_Bartender

Others to consider:

VT Gravis Clean Energy Income
FP Foresight Global Real Infrastructure
Ninety One Global Environment 

The last two are not 100% energy but might meet your requirements.

Shocking_Blue

Stargunner said:

Shocking_Blue said:

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

That is the one.
if you want a fund you could also look at Guinness Sustainable Energy X GBP Acc

Thanks Stargunner,
I prefer Acc funds, so this is an option. Just a question. Looking at the performance on MorningStar it seems to be quite a bit below the benchmark and cat and only gets two stars (although ranked highly). Sorry if I'm misreading this...

Shocking_Blue

Shocking_Blue said:

Stargunner said:

 Ishares Glibsl clean energy (INRG) is an etf that tracks the performance of an index composed of 30 of the largest global companies involved in the clean energy sector and has performed very well this year.

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

Thanks.
I think this is a Dist ETF. Do you know if there's an Acc version.
Also, not sure if you know this as slightly off topic, but if I put the remainder of a years ISA allowance into this ETF when initially buying (thereby having used up all that year's ISA allowance), would I be able to then put back in those dividends into the fund as that year's 'ISA money' (even though my allowance had been used up), if that makes sense?
Thanks

Moe_The_Bartender

I'm not sure I understand your question but any dividends paid out would be paid into your ISA to sit there as cash, available to be reinvested or withdrawn as you wished. Is that what you were asking?

bowlhead99

Shocking_Blue said:

Shocking_Blue said:

Stargunner said:

 Ishares Glibsl clean energy (INRG) is an etf that tracks the performance of an index composed of 30 of the largest global companies involved in the clean energy sector and has performed very well this year.

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

I think this is a Dist ETF. Do you know if there's an Acc version.

There isn't.

Also, not sure if you know this as slightly off topic, but if I put the remainder of a years ISA allowance into this ETF when initially buying (thereby having used up all that year's ISA allowance), would I be able to then put back in those dividends into the fund as that year's 'ISA money' (even though my allowance had been used up), if that makes sense?

You're saying the type of account in which you're buying the ETF is an ISA account. When dividends are paid by the investments that you hold in the ISA, they will be received by the ISA account rather than your bank account. So, if you want to use that received money to buy more shares of the fund, you won't need to pay any more money from your bank account into the ISA, because the money is already in the ISA. As you are not putting any money from outside an ISA into the ISA, you won't be using up any more ISA subscription allowance.

If the investment platform offered the additional service of periodically paying all received ISA dividends from your ISA account to your personal bank account (which some do), then you would be using up ISA subscription allowance every time you decided that actually, having received the money in your bank, you wanted to put the money back in to the ISA from the bank. And you wouldn't be able to put money back in if you didn't have any allowance left. So, anyone who didn't need the income and wanted to keep the maximum amount of money in their ISA, wouldn't select to use that feature, if it was offered to them.

Shocking_Blue

bowlhead99 said:

Shocking_Blue said:

Shocking_Blue said:

Stargunner said:

 Ishares Glibsl clean energy (INRG) is an etf that tracks the performance of an index composed of 30 of the largest global companies involved in the clean energy sector and has performed very well this year.

Thanks, Stargunner,
Is this the one?
IE00B1XNHC34
Cheers.

I think this is a Dist ETF. Do you know if there's an Acc version.

There isn't.

Also, not sure if you know this as slightly off topic, but if I put the remainder of a years ISA allowance into this ETF when initially buying (thereby having used up all that year's ISA allowance), would I be able to then put back in those dividends into the fund as that year's 'ISA money' (even though my allowance had been used up), if that makes sense?

You're saying the type of account in which you're buying the ETF is an ISA account. When dividends are paid by the investments that you hold in the ISA, they will be received by the ISA account rather than your bank account. So, if you want to use that received money to buy more shares of the fund, you won't need to pay any more money from your bank account into the ISA, because the money is already in the ISA. As you are not putting any money from outside an ISA into the ISA, you won't be using up any more ISA subscription allowance.

If the investment platform offered the additional service of periodically paying all received ISA dividends from your ISA account to your personal bank account (which some do), then you would be using up ISA subscription allowance every time you decided that actually, having received the money in your bank, you wanted to put the money back in to the ISA from the bank. And you wouldn't be able to put money back in if you didn't have any allowance left. So, anyone who didn't need the income and wanted to keep the maximum amount of money in their ISA, wouldn't select to use that feature, if it was offered to them.

Bowlhead,
That's exactly what I was asking. Moe, thanks also - sorry if I phrased it a convoluted and unclear way. The fact that dividends get paid into the cash side of the USA for that years allowance rather than directly into a bank account (and therefore become available to re- invest as part of that years allowance) makes perfect sense now.
Thanks.