Ongoing investor climate change concerns, coupled with the impact of Russia’s invasion of Ukraine on fossil fuel prices, will bring green energy investments back to forefront of investor minds.
Having returned 66% since inception in 2017, the VT Gravis Clean Energy Income Fund is potentially worth a look for green energy and ethical investors.
VT Gravis Clean Energy Income Fund asset allocation
The VT Gravis Clean Energy Income Fund has split asset distribution between green energy and a selection of equities across the international market.
The fund has a respectable yield of 3.55% and focuses its investments across the green energy industry with no particular emphasis on geographical regions.
Commodities and energy account for 33.54% of the portfolio, with companies such as Greencoat UK Wind plc, The Renewables Infrastructure Group and Clearway Energy selected for the top allocations within the portfolio.
The VT Gravis Clean Energy Income Fund also boasts a collection of international equities, including a 15.91% weighting in UK equities, 15.10% in Canadian equities and 10.68% in US equities.
VT Gravis Clean Energy Income Fund portfolio
The portfolio is weighted towards closed-ended investment companies and has substantial exposure to wind and solar.
Portfolio holding Greencoat has seen shares increase 15.88% to 149.7p over the last year, and 25.27% over the last five years. Greencoat is listed in London as has a portfolio of wind power assets across the UK.
The Renewables Infrastructure Group also displays steady growth, with a share price rise of 1.98% over the past year to 132.27p and a 25.46% increase over the last five years.
Clearway Energy has seen particularly decent growth, with a share price rise of 17.02% to $30.60 over the last year and an 84.78% increase over the past five years.
Fund Verdict
The VT Gravis Clean Energy Income Fund looks like a good option for green energy and ethically-interested investors who prefer security from the current geopolitical storm over Russia and Ukraine.
The fund is also an attractive income proposition having increased payouts since its launch.