RNWZ ISSUER
The RNWZ ETF is an actively managed exchange-traded fund (ETF) that primarily invests in equity securities of both domestic and foreign companies engaged in the development, generation, production, transmission, storage, and sale of alternative and renewable energy sources, including solar power, wind power, biofuels, hydropower, nuclear, or geothermal power, collectively referred to as Renewable Energy Infrastructure Companies. This ETF may include companies ranging from small to large capitalization and may also invest in American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of such companies. Managed by Eagle Global Advisors, LLC, the RNWZ ETF follows a fundamentally-driven investment process, considering global macro-economic factors, geopolitical analysis, company fundamentals, internal valuation methods, and expected returns in relation to risk. The ETF may also concentrate its holdings in the Utilities Industry Group within the Utilities Sector and anticipates having significant investment exposure to European-listed Renewable Energy Infrastructure Companies as of its prospectus date.
RNWZ DIVIDEND
The RNWZ ETF focuses on actively managing its portfolio, primarily investing in equity securities of domestic and foreign companies engaged in the development, generation, production, transmission, storage, and sale of renewable energy assets such as solar power, wind power, biofuels, hydropower, nuclear, or geothermal power. These investments encompass a range of companies from small to large capitalization, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of Renewable Energy Infrastructure Companies. Dividend eligibility for RNWZ is influenced by the performance and dividend policies of these companies. The fund expects to maintain a significant exposure to Renewable Energy Infrastructure Companies, many of which are European-listed, offering investors the potential for both capital appreciation and dividend returns.
RNWZ TRACKING
Tracking the Renewable Energy Infrastructure Companies is at the heart of the RNWZ ETF's investment strategy. This actively managed exchange-traded fund primarily invests in equity securities of domestic and foreign companies involved in the development, generation, production, transmission, storage, and sale of alternative and renewable energy sources such as solar power, wind power, biofuels, hydropower, nuclear, or geothermal power. The RNWZ ETF seeks to provide exposure to a diverse range of Renewable Energy Infrastructure Companies, from small to large-cap companies, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs). With its focus on renewable energy infrastructure, the RNWZ ETF is an attractive choice for investors looking to participate in the global shift towards sustainable energy solutions.
RNWZ CORRELATION
The correlation aspect of the Renewable Energy Infrastructure ETF (RNWZ) is essential for investors seeking exposure to the renewable energy sector. Given RNWZ's focus on investing in equity securities of domestic and foreign companies involved in renewable energy, its correlation with the performance of the renewable energy market is expected to be significant. Understanding this correlation can help investors gauge the ETF's sensitivity to changes in the renewable energy sector, making it a valuable tool for those looking to align their portfolios with the growing alternative energy industry.
RNWZ SECTOR
The RNWZ ETF, managed by Eagle Global Advisors, focuses on investing primarily in equity securities of domestic and foreign Renewable Energy Infrastructure Companies. These companies are involved in various aspects of renewable energy production, including solar power, wind power, biofuels, hydropower, nuclear, and geothermal power. The ETF aims to capture growth opportunities in the renewable energy sector and may invest in a range of companies, from small- to large-cap, as well as American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of such companies. While this concentration offers potential for sustainable energy growth, it's worth noting that the ETF may be less diversified and carries exposure to the Utilities Industry Group within the Utilities Sector. Additionally, it anticipates significant investment exposure to European Renewable Energy Infrastructure Companies.
RNWZ EXPOSURE
The exposure characteristic of the RNWZ ETF, or the Renewable Energy Infrastructure Fund, focuses on investing primarily in equity securities of domestic and foreign companies primarily engaged in the development, generation, production, transmission, storage, and sale of alternative and renewable energy sources such as solar power, wind power, biofuels, hydropower, nuclear, or geothermal power. This ETF seeks to provide exposure to the burgeoning renewable energy sector, covering companies of varying market capitalizations, from small to large. RNWZ may also invest in American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of Renewable Energy Infrastructure Companies, further diversifying its exposure.