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 Invesco Energy Transition Enablement fund ties with the Pictet Clean Energy Transition fund: 3-3
Invesco Energy Transition Enablement fund
The fund aims to provide exposure to firms which contribute positively to a transition to alternative energies and more efficient and sustainable energy usage across the economy.
Top 10 holdings:
- Contemporary Amperex Technology (5.0%)
- Home Depot (3.2%)
- Oracle (2.4%)
- SAP SE (2.1%)
- Emphase Energy (1.9%)
- Microsoft (1.7%)
- Manulife Financial (1.7%)
- Klepierre (1.6%)
- Advanced Micro Devices (1.6%)
- EDP Renovaveis (1.6%)
Pictet Clean Energy Transition fund
The fund aims to increase the value of its investments while seeking to achieve a positive environmental impact by investing in at least two-thirds of net assets equities of companies that contribute to lowering carbon emissions.
Top 10 holdings:
- Iberdrola (5.6%)
- Broadcom (5.5%)
- Linde (4.9%)
- Trane Technologies (4.5%)
- Nxp Semiconductors (4.4%)
- Topbuild (4.4%)
- Cie De Saint-Gobain (4.2%)
- Marvell Technology (4.1%)
- Applied Materials (4.1%)
- Xcel Energy (4.0%)
