NEW YORK, Sept. 12, 2018 /PRNewswire/ -- Index providers FFI, Clean Edge, and Alpha Vee Solutions today released the Energy Transition Long-Short Strategy, a thematic investment opportunity constructed to capture the potential upside of a transition to a low-carbon economy. The strategy, which is long clean energy companies and short fossil fuel reserve owners, is based on the view that economic, technological, and policy forces will continue to accelerate the global shift to clean energy.
The long portfolio is comprised of 40 companies selected from the Clean Edge universe of more than 100 clean energy, advanced transportation, and grid companies using fundamental quality factors. The 20 fossil fuel companies comprising the short portfolio are selected from FFI's Carbon Underground 200™ list using metrics that measure a company's exposure to stranded asset risk. Long and short positions are adjusted dynamically using Alpha Vee's proprietary quality, value, and momentum factors.
The current top 10 long holdings are: SolarEdge Technologies, Badger Meter, TPI Composites, Sif Holding, Osaki Electric, Ørsted, Control4, Daqo New Energy, Canadian Solar, and Prysmian.
The net long exposure ranges from 40% to 100% with the short position comprising 20% or 30% depending on the momentum indicator. The strategy is reconstituted every six months and rebalanced quarterly.
For more information about the strategy and licensing, visit http://fossilfreeindexes.com/energy-transition-strategies/
About FFI
FFI enables investment professionals to mitigate the risks associated with climate change using customized strategies, indexes, and portfolio carbon-risk measurement expertise. www.fossilfreeindexes.com
About Clean Edge
Clean Edge, Inc., a clean-energy stock index pioneer, serves corporate, utility, and financial clients working to transition to a low-carbon economy via indexes and the production of industry events. www.cleanedge.com
About Alpha Vee Solutions
Alpha Vee Solutions is a global independent investment strategist that licenses dynamic and smart beta multi-factor indices to leading asset managers. www.alphavee.com
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither FFI, Clean Edge, Alpha Vee nor any of their related entities or affiliates make any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund.
Media/Business Contacts:
Chris Ito, FFI
(917) 968-6446
[email protected]
Ron Pernick, Clean Edge
[email protected]
Leigh Eichel, Alpha Vee Solutions
[email protected]
SOURCE Alpha Vee Solutions
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