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Invesco launches global clean energy ETF on LSE

Invesco has launched a new thematic equity ETF in Europe providing exposure to companies that are driving innovation in clean energy technologies. Gary Buxton, Head of EMEA ETFs at Invesco. The London Stock Exchange in US dollars ( GCLE LN) and pound sterling ( GCLX LN) and comes with an expense ratio of 0.60%. The fund is linked to the WilderHill New Energy Global Innovation Index from California-based WilderHill, a specialist provider of sustainable indices related to the clean energy and clean ocean investment themes. WilderHill is known for developing some of the first benchmarks in the alternative energy segment. Its flagship index, the North America-focused

Up 82% in Just 3 Months, Where Will PSCE Go Next?

February 4, 2021 Small caps and the energy sector have been on a dynamite rally the past few months. Mixing both sectors can garner even more explosive gains via the PSCE seeks to track the investment results of the S&P SmallCap 600® Capped Energy Index. The fund generally will invest at least 90% of its total assets in the securities of small-capitalization U.S. energy companies that comprise the underlying index. These companies are principally engaged in the business of producing, distributing, or servicing energy related products, including oil and gas exploration and production, refining, oil services, and pipelines. The fund’s expense ratio comes in at 0.29%, which is a relative bargain given its category average of 0.47%.

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