Investment in clean tech - the IFSL IMPAX Environmental Leaders Fund
(PLEASE NOTE: This fund was wound up by Impax in October 2010. The following information relates to a fund no longer in existence. Investors seeking an ethical fund of this nature can talk to one of our investment advisers via the links below)
The IFSL IMPAX Environmental Leaders Fund aims to provide long term capital growth with an environmental slant, by investing in both specialist and leading companies in three key ‘green’ areas: alternative energy, water treatment, and waste management.
In common with other funds which invest in the environmental tech sectors, prospects of future growth are favoured by the global drive for new and tighter environmental regulation from governments, and the consequent rise in demand for lower-cost, clean technologies.
The fund managers see demand for such products driven by the following specific trends. Fuel cell technologies are offering more efficient and reliable energy supply for the global automotive and power industries. Electricity supply is increasingly switching from traditional methods to biomass, superconductors, photovoltaic and solar power, hydrogen and wind power. New developments in long-lasting batteries, water purification, and digestion technologies are also driving rapid growth in companies at the cutting edge of these new technologies. The fund managers believe that each of these growth drivers will underpin an IFSL Impax Environmental Leaders Fund investment.
Do you need advice on IFSL IMPAX Environmental Leaders Fund investment, or any other investment fund? Then make an online investment enquiry or freephone 0800 678 5929 now
How and where does the IFSL IMPAX Environmental Leaders Fund invest?
The Fund combines ‘pure’ environmental companies, which derive over half their revenues from these sectors, with ‘emerging leaders’, which take from 20-50% of their revenue, profits or capital from these sectors.
Some of the core energy industry investments by the IFSL IMPAX Environmental Leaders Fund include wind turbine manufacturers, solar power tech specialists, biofuels sector, industrial energy efficiency, building / transport energy efficiency, and fuel cell technologies.
In the water industries, the IFSL IMPAX Environmental Leaders Fund invests in water infrastructure companies, water technology and air pollution control technologies, and environmental testing technologies.
In waste technologies and resource management, the IFSL IMPAX Environmental Leaders Fund invests in recycling technology manufacturers, hazardous waste management and integrated waste management companies.
To give a flavour of the types of company featured in the IFSL IMPAX Environmental Leaders Fund, some of the key investments include the US environmental and gas sensing company Thermo Fisher; solar energy technology maker OCI in South Korea; the US power network efficiency company MasTec; and the US-based hazardous waste management company Clean Harbors.
Investing in the IFSL IMPAX Environmental Leaders Fund
The IFSL IMPAX Environmental Leaders Fund was launched in 2008 and is a UK-based open-ended investment company (OEIC).
The minimum lump sum investment in the IFSL IMPAX Environmental Leaders Fund is £1,000. Investment in the IFSL IMPAX Environmental Leaders Fund through an Individual Savings Account (ISA) is also possible.
Management charges for the IFSL IMPAX Environmental Leaders Fund are a 5% initial charge and a 1.5% annual fee.
Are you interested in investing in the IFSL IMPAX Environmental Leaders Fund or in one of our other environmental or clean tech investments? Then make an online investment enquiry or freephone 0800 678 5929 now
