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Below my transactions (older than 1 month) from group L: info
Mission accomplished.
ETF provider: iShares (BlackRock)
Ticker: INRG
ISIN: IE00B1XNHC34
Currency: Euro
Exchange: Borsa Italiana
Clean energy is still struggling. The price of oil has been too low for too long, so that clean energy was too expensive. But the will to apply more and more clean energy is still there. It is now waiting for permanent higher oil prices and more money for cleaner energy. The improving world economy can solve all two problems.
A total of 3 purchases from 7-10-2016. The still too low oil price ensures that this ETF does not increase further. Therefore, at the moment, taking profit. For the longer term, I remain positive about this ETF. However, structurally higher oil prices are needed to make alternative energy attractive.
ETF provider: First Trust
Ticker: FAN
ISIN: US33736G1067
Currency: Dollar
Exchange: Nyse Arca
I expect a rising oil price in the coming years. That makes wind energy more attractive. Climate agreements will require more wind energy. Especially the big wind farms at sea often start to be very attractive. In recent tenders, the required investment proved so low that even at the low oil price, now no subsidy could yield almost profitable electricity. Declining cost of wind energy, the will to use it more and the eventually rising oil price make this wind energy ETF suitable for investing.
The iShares Global Clean Energy UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.
As expected in the week's forecast, I expect a much higher oil price in the long term. If the oil price is to rise, alternative energy can compete better. Due to all climate agreements, demand for alternative energy will continue to increase. Large scale and better techniques reduce the price of alternative energy. Combined with rising oil prices, demand for alternative energy will increase significantly. I expect good results of the companies in this ETF in the coming years.