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New Wind ETF

with 2 comments

First Trust has registered a new ETF that will invest in the wind energy industry (based off the ISE Global Wind Energy Index), which is the first of its kind. This would be an interesting green play, because owners would get a pure wind energy play. I don’t follow the industry at all, but the expansion of green power producers based upon the US energy policy and the national political situation today would lend themselves to a good investment. Especially, because states like Texas (among others) heavily subsidize the production of wind turbines.


Written by walonline

May 28, 2008 at 9:10 am

2 Responses

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  1. […] years ago asks some very good questions with regards to focused ETFs such as the Wind ETF that I mentioned on 5/28. The key points can be quickly summarized […]

  2. […] thank you to all the visitors looking at my posts on ETFs (especially here and here). If you have any questions, comments or ideas to add to the discussion, please offer them […]

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