in News Departments > FYI
print the content item

Criterion Investments Ltd., headquartered in Toronto, has introduced the Criterion Global Clean Energy Fund - Canada's first global clean energy fund. With the introduction of this fund, individual Canadian investors now have the opportunity to access a diversified portfolio of companies connected to the global shift to cleaner energies and lower carbon emissions, Criterion says.

The fund will invest in equity securities of leading companies in different clean energy sectors, including firms that focus on renewable energy sources such as wind, solar and hydroelectric.

"Every country in the world is being forced to come to terms with energy-related challenges related to lower carbon emissions, balancing supply versus demand and securing independent energy supply," says Philippe de Weck, senior fund manager at Pictet Asset Management SA, a Swiss investment firm that will serve as investment advisor to Criterion's fund. "As a result, we believe the clean energy sector could see significant growth in earnings over the next three years."

Available as both a currency-hedged and unhedged solution, the fund will be accessible through licensed financial advisors in all Canadian provinces, with a minimum C$500 investment.



Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Renewable NRG_id1934
Navigant_id1983