ACES Profile
The ALPS Clean Energy ETF (ACES) is an exchange-traded fund designed to offer investors exposure to the clean energy sector by tracking the performance of the CIBC Atlas Clean Energy Index. This index comprises a diverse portfolio of U.S. and Canadian companies that are actively engaged in the production of clean energy and related technologies, encompassing a wide range of sub-sectors including solar power, wind energy, hydroelectricity, geothermal energy, and bioenergy. ACES provides a strategic investment option for those looking to capitalize on the growing global shift towards sustainable and renewable energy sources.
Launched on June 29, 2018, ACES is issued by SS&C, a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. The ETF aims to deliver targeted exposure to the clean energy sector by focusing on companies that are leaders in the transition to a lower carbon economy. By investing in ACES, shareholders gain access to a carefully curated selection of companies that are at the forefront of developing and deploying clean energy solutions, thus participating in the potential growth and innovation within this critical sector.
The ACES ETF is structured to include a balanced mix of large-cap, mid-cap, and small-cap companies, ensuring a comprehensive representation of the clean energy market. This diversification helps mitigate risks associated with investing in individual companies while providing the potential for robust returns driven by the overall growth in clean energy demand. The fund’s methodology involves a rigorous selection process that screens for companies with strong fundamentals, significant revenue derived from clean energy activities, and solid environmental, social, and governance (ESG) practices.
In addition to its primary focus on clean energy production, ACES also includes companies involved in supporting industries such as energy storage, energy efficiency, and enabling technologies. This broad inclusion criteria allow investors to benefit not only from the direct generation of clean energy but also from advancements in the technologies and services that facilitate the adoption and integration of renewable energy into the existing grid infrastructure. The ALPS Clean Energy ETF thus represents a holistic approach to investing in the clean energy ecosystem, offering diversified exposure to a dynamic and rapidly evolving market.
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