European solar ETF to launch on London Stock Exchange
Fund will offer investors targeted exposure to solar value chain
A solar exchange traded fund (ETF) from EQM indexes will launch on the London Stock Exchange in June, under the ticker name TANN.
An ETF is an investment fund that is listed on a stock exchange. It tracks the performance of a chosen benchmark but can holds a variety of assets, including bonds, stocks and currencies.
The TANN ETF will track the EQM global solar energy index, giving investors exposure to the solar value chain, particularly firms that make solar cells and components, generators, installation firms, and manufacturers or charging and storage systems.
“TANN is the first pure play Solar Energy ETF in Europe” Edmonson, principal of EQM indexes
The index achieved over
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