Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the Pictet Clean Energy Transition fund defeats the Schroders Global Energy Transition fund tie 4-2.
Pictet Clean Energy Transition fund
The fund mainly invests in equities of companies that contribute to lowering carbon emissions by, for instance, favouring clean energy in their production process.
Top 10 holdings:
- Nextera Energy (6.2%)
- Trane Technologies (5.8%)
- Broadcom (5.7%)
- Nxp Semiconductors (5.5%)
- Marvell Technology (4.8%)
- Linde (4.8%)
- On Semiconductor Corp (4.6%)
- Topbuild Corp (4.4%)
- Applied Materials (4.3%)
- Iberdrola (4%)
Schroders Global Energy Transition fund
The fund aims to provide capital growth by investing in equities of companies worldwide that the investment manager believes are associated with the global transition towards lower-carbon sources of energy and which the investment manager deems to be sustainable investments.
Top 10 holdings:
- Johnson Matthey (4.7%)
- Vestas Wind Systems (4.5%)
- Red Electrica Corp (4.1%)
- EDP Renovaveis (4.1%)
- Hydro One (3.6%)
- Nexans (3.6%)
- Umicore (3.4%)
- First Solar (3.2%)
- Corp Acciona Energias Renovables (3.1%)
- Array Technologies (2.7%)
