Don’t overlook this ETF.

Article Excerpt

INVESCO SOLAR ETF, $94.50, is a buy for aggressive investors. The ETF (New York symbol TAN; buy or sell through brokers) tracks solar-related companies (including technology firms and utilities) listed on global exchanges. The fund’s top holdings are Enphase Energy (U.S.: home solar systems) at 11.1%; GCL-Poly Energy (China: solar panels), 8.4%; Daqo New Energy (China: silicon), 8.2%; SolarEdge Technologies (Israel: solar-power batteries), 8.1%; and Sunrun Inc. (U.S.: Solar panels), 6.7%. The Invesco Solar ETF launched on April 15, 2008. It charges a reasonable MER of 0.69%. The outlook for renewable energy remains strong on rising consumer demand. Voter pressure on governments should also encourage them to maintain long-term guaranteed contracts with renewable energy producers. U.S. president Joe Biden’s support for renewables is another big plus for the industry. Invesco Solar ETF is a buy for aggressive investors. investors…