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Top Water, Environmental, and Renewable Energy Investments. Include First Trust Water ETF, Global Water Fund A Shares, Invesco Water Resources ETF, Invesco S&P Global Water Index ETF, Fidelity Water Sustainability Fund, Hewlett Packard Enterprise, Dexus Property Group, Unilever, Diageo, Stockland, Abbott Laboratories, Stanley Black & Decker, US VEGAN ETF, American Water Works, Pool Corp., Generac
PODCAST: Top Water, Environmental, and Renewable Energy Investments
Transcript & Links, Episode 67, September 24, 2021
Hello, Ron Robins here. Welcome to podcast episode 67 published on September 24, titled “Top Water, Environmental, and Renewable Energy Investments” — and presented by Investing for the Soul. investingforthesoul.com is your site for vital global ethical and sustainable investing news, commentary, information, and resources.
Remember that you can find a full transcript, links to content – including stock symbols, quotes, and bonus material – at this episode’s podcast page located at investingforthesoul.com/podcasts.
Now, just a reminder. I do not evaluate any of the stocks or funds mentioned in this podcast. Furthermore, if you’re concerned about the ESG and sustainability ratings of any stock or fund included in this podcast, check your broker’s online site for such information.
If your broker doesn’t have this information, signup for free with Morningstar and you can gain access to company and fund ESG-sustainability ratings. Please note, I receive no compensation from Morningstar or anyone else covered in these podcasts.
Also, if any terms are unfamiliar to you, simply Google them.
Top Water, Environmental, and Renewable Energy Investments With fires, drought conditions increasing around the globe, water investing is gaining prominence. This recent article titled Water Investing: 5 Funds You Should Tap by Coryanne Hicks at Kiplinger offers insight into some leading water ETFs. Here are some quotes from her.
“’Billions of people around the world will be unable to access safely managed household drinking water, sanitation and hygiene services in 2030 unless the rate of progress quadruples, according to the World Health Organization and UNICEF”
1) Courtesy of First Trust
First Trust Water ETF (FIW)
Assets under management: $1.3 billion Dividend yield: 0.4% Expenses: 0.54%, or $54 annually for every $10,000 invested The First Trust Water ETF tracks the ISE Clean Edge Water Index, which holds companies in the potable water and wastewater industry with worldwide market capitalizations of at least $100 million…
MSCI’s ESG Fund Ratings rates First Trust Water ETF at AA – the second-best rating, and within the system’s so-called Leader tier.
Learn more about FIW at the First Trust provider site.
2) Courtesy of Calvert Funds
Calvert Global Water Fund A Shares (CFWAX)
Assets under management: $590.7 million Dividend yield: 0.6% Expenses: 1.24% The Calvert Global Water Fund A Shares is a water investing mutual fund that seeks to track the Calvert Global Water Research Index, CALH2O, a proprietary index comprised of ‘companies that manage water use in a sustainable manner and are actively engaged in expanding access to water, improving water quality, promoting the efficient use of water, or providing solutions that address other global water challenges…’
Note that (this fund) also receives MSCI’s AA rating. In addition to a 1.24% expense ratio, investors also pay a 4.75% front-end sales load unless their brokerage waives or lessens the load. (Fidelity and Schwab are examples of brokerages that will waive the load on [this fund].)Learn more about CFWAX at the Calvert provider site.
3) Courtesy of Invesco
Invesco Water Resources ETF (PHO)
Assets under management: $2.1 billion Dividend yield: 0.3% Expenses: 0.60% Invesco’s flagship water-themed fund, Invesco Water Resources ETF, was launched in 2005.
(This fund) tracks the Nasdaq OMX US Water Index, which invests in companies that purify and conserve water for home, business and industrial users… ‘The Nasdaq OMX US Water Index was the best performing Nasdaq index in July 2021, up 6.0%,’ (says) Rene Reyna, head of thematic and specialty product strategy at Invesco…
Invesco also offers a global version of this fund, the Invesco Global Water ETF (PIO). The Invesco Water Resources ETF earns five stars and a bronze badge from Morningstar… It also earns MSCI’s highest ESG rating: AAA.
Learn more about PHO at the Invesco provider site.
Again, 4) Courtesy of Invesco
Invesco S&P Global Water Index ETF (CGW)
Assets under management: $1.2 billion Dividend yield: 1.1% Expenses: 0.57% The Invesco S&P Global Water Index ETF could be considered a more traditional way of investing in water (than the previous Invesco…