I don't want my pension to be invested in the oil and coal companies when they inevitably fall off to nothing! I've noted several coal majors going bust in the last year including Peabody Energy, the world’s largest private coal company - coal can essentially no longer compete with Solar PV for new investment. I don't want to hang around as oil and eventually natural gas companies go the same way following the Paris accord.Why not go for one of the Global Index funds. If fossil fuel companies lose value, their holding in the global index will fall off.
This is a reasonable point. Essentially what I'm looking for is something like the Vanguard High Dividend Yield ETF (which is 10.1% Oil and Gas), but without exposure to any fossil fuel companies. I've looked a lot further into this and found a much more diverse fund to those above: the iShares MSCI ACWI Low Carbon Target ETF offered by Blackrock, traded on the NYSE.You are taking very high risk in going for the Green Resources and Tech 100 as there isn't a huge amount of diversification.
Hi ConorI don't want my pension to be invested in the oil and coal companies when they inevitably fall off to nothing! I've noted several coal majors going bust in the last year including Peabody Energy, the world’s largest private coal company - coal can essentially no longer compete with Solar PV for new investment. I don't want to hang around as oil and eventually natural gas companies go the same way following the Paris accord.
This is a reasonable point. Essentially what I'm looking for is something like the Vanguard High Dividend Yield ETF (which is 10.1% Oil and Gas), but without exposure to any fossil fuel companies. I've looked a lot further into this and found a much more diverse fund to those above: the iShares MSCI ACWI Low Carbon Target ETF offered by Blackrock, traded on the NYSE.
It's portfolio is well diversified:
Financials: 20.96%
IT: 15.06%
Consumer Discretionary: 13.1%
Industrials: 11.67%
Healthcare: 10.13%
Consumer Staples: 9.94%
Energy: 5.51%
Materials: 3.62%
Utilities: 2.8%
This appears to be a good starting point for a relatively diversified fund divested of fossil fuels.
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