ICLN: An Attractively Valued Bet On A Well-Positioned Theme
A great framework for looking at buying into themes within the ETF ecosphere is the “trinity” approach of thematic investing. This entails asking three questions of a given thematic ETF – the answers of which should go a long way towards indicating whether or not that product would be a good fit for your portfolio.
Here, I examine the iShares Global Clean Energy ETF (ICLN) using this approach.
ICLN is an extremely interesting, ESG-style vehicle which aims to latch onto the growing global trend…