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New Wind ETF FAN Cools Off Sunburned Portfolios
Posted on June 29, 2008
Since I last covered cleanenergy mutual funds and ETFs, the sector has seen the launch of two solarETFs (KWT the Market VectorsSolar Energy ETF from VanEck, and TAN,the Claymore/MAC Global Solar Energy ETF.) Continuing in thetradition of cute ticker symbols, First Trust's new global wind energy ETF is FAN.I recommend that investors stayaway from the (very expensive) green energy mutual funds, and invest eitherin one of the ETFs, or if they have a few tens of thousands of dollars to investand are willing to roll up their sleeves a little, they buy a representativesample of the stocks (a ...
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