RNWZ

TrueShares Eagle Global Renewable Energy Income ETF

$27.84

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) seeks to provide current income and long-term capital appreciation by investing in a portfolio of global companies involved in the renewable energy industry.

Overview

ETF tracking TrueShares Eagle Global Renewable Energy Income ETF

Category Energy

Issuer Other

Inception Date 2022-12-08

Market Cap $2.8M

Average Volume N/A

Dividend Yield 2.04%

52-Week Range $19.87 - $28.65

VWAP $27.89

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in common stocks and other equity securities of companies that derive a significant portion of their revenue or profits from renewable energy-related businesses, such as solar, wind, hydroelectric, geothermal, and biofuels. The portfolio is actively managed, with the goal of identifying companies that the fund's investment advisor believes are well-positioned to benefit from the growth of the renewable energy sector.

✨ Key Features

Focuses on global companies in the renewable energy industry
Actively managed portfolio aiming to identify promising companies
Seeks to provide both current income and long-term capital appreciation
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk in the renewable energy sector
Exposure to global markets and currency fluctuations
Potential volatility due to the fund's active management approach
Limited track record and assets under management

👤 Best For

The TrueShares Eagle Global Renewable Energy Income ETF may be suitable for investors seeking exposure to the renewable energy sector as part of a diversified portfolio, with a focus on generating current income and long-term capital growth. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility associated with this sector.