Beginning to add to position in ERTH at reduced price levels ERTH is an ETF that seeks to track the performance of the MSCI Global Environment Select Index, green energy and technology is not a new play but due to the scale of our reliance on fossil fuels it is a theme that has legs to run. Green technology and energy is also an industry that receives substantial subsidization and investment from governments around the globe which will invariably give companies operating within the industry a massive leg up. In addition to this depending on your views about climate change it may tick some of your feel good boxes as well, knowing that your money is being invested into a "good" industry. Once again for the regular investor with limited time and relying on the evidence that even professional money managers tend to underperform the market on average it makes sense to target the green technology theme using an ETF. ERTH has 142 holdings spread across the globe and well diversified across the different sectors. Prices have fallen over 20% from the high of mid January which technically puts it into a "bear" market, as with any long term investment depressed prices are an opportunity to increase your position and so I will be doing so until prices can break back above $65 on a weekly closing basis.
*Not a recommendation to buy or sell, for educational purposes only*
