CNRG Profile
The
SPDR Kensho Clean Power ETF, with the ticker symbol CNRG, is an
exchange-traded fund that seeks to track the performance of the Kensho
Clean Power Index. The ETF invests in companies that are involved in
the production, distribution, or storage of clean energy, such as
solar, wind, and other renewable sources. Here's an extended company
report for the SPDR Kensho Clean Power ETF:
The SPDR Kensho
Clean Power ETF was launched in 2018 by State Street Global Advisors,
a global investment management firm. The ETF seeks to track the
performance of the Kensho Clean Power Index, which is designed to
measure the performance of companies that are involved in the
production, distribution, or storage of clean energy.
The SPDR
Kensho Clean Power ETF provides investors with exposure to the clean
energy sector through a diversified portfolio of companies that are
involved in the production, distribution, or storage of clean energy.
The ETF's investment strategy seeks to provide investors with exposure
to the growing clean energy sector while maintaining a diversified
portfolio of investments.
As of March 18, 2023, the SPDR Kensho
Clean Power ETF had a net asset value of approximately $2.2 billion.
The ETF's expense ratio is 0.45%, which is lower than the average
expense ratio for similar ETFs.
Investing in the SPDR Kensho
Clean Power ETF involves risks, including the risk that the ETF's
performance may be affected by changes in the clean energy sector,
changes in government regulations, and other factors that may impact
the clean energy companies in which the ETF invests. In addition, the
ETF's performance may be affected by changes in market conditions, as
well as fluctuations in the prices of individual securities held by
the ETF.
In conclusion, the SPDR Kensho Clean Power ETF
provides investors with exposure to the clean energy sector through a
diversified portfolio of companies that are involved in the
production, distribution, or storage of clean energy. The ETF's
investment strategy seeks to provide investors with exposure to the
growing clean energy sector while maintaining a diversified portfolio
of investments. However, investors should carefully consider the risks
and potential benefits of investing in the SPDR Kensho Clean Power ETF
before making any investment
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