stolinski Fund Review

Fund review: Ventus

The Ventus Funds are two, Ventus VCT plc and Ventus 2 VCT plc

The Ventus Funds have raised and invested over £50 million in companies which have developed and constructed renewable energy projects in the UK: wind, hydro-electric and land-fill gas. Their investment portfolios are now comprised of companies all of which own projects that are operational and generating electricity and revenue.

The Ventus Funds have a clear dividend objective, aimed at delivering long term sustainable tax free yield to investors.

I’m not 100% sure what “sustainable” means in that context but I do see this as dovetailing with my hard ethical interests. And seeing as other investments in renewables have done so well, I am thinking hard about investing in these guys.

Most of the top10 holdings in Ventus 2 are wind farms, nice so it pass my requirements easily. I like the sound of Bernard Matthews Green Energy Halesworth.

filmuncher Fund Review, My investments

Fund review – Jupiter Ecology

As with my fund review for my investment in the Jupiter Responsible Fund I want to know here if my investment in Jupiter Ecology still makes sense on my methodology.

I started in 2010 with 11 grand, i now have 23 grand, so that’s not too shabby at least.

They say:

At least 70% of the Fund is invested in shares of companies based anywhere in the world whose core products and services address global sustainability challenges. Up to 30% of the Fund may be invested in other assets, including shares of other companies, open-ended funds (including funds managed by Jupiter and its associates), cash and near cash. Companies must meet both a comprehensive financial assessment and environmental and social criteria including looking at a full range of ethical exclusions

hmm

Charlie believes that as the world population continues to grow there will be ever increasing pressure on natural resources such as water, land and energy, and that this should create significant and long lasting investment opportunities.

gross

There’s nothing really of interest in the 2020 annual report except for the preference not to invest in Tesla since Charlie sees it as volatile.

TOP10:

  1. Orsted – YES!
  2. Vestas – YES!
  3. Tomra Systems – sorting for recycling, ok YES
  4. Waste Connections US – “North American integrated waste services company that provides waste collection, transfer, disposal and recycling services, primarily of solid waste” – YES
  5. Cranswick – LOL them sausages again NOPE Annual report says “Among the top positive contributors to the fund’s performance was UK-based food products supplier Cranswick, which bene ted from increased supermarket shopping and strong demand for food staples as the COVID-19 pandemic led to a growing number of countries imposing lockdown measures” – NOPE
  6. Schneider electric –  “European multinational company providing energy and automation digital solutions for efficiency and sustainability”  – hmm ok YES
  7. Azbil Corp – “we create value at sites everywhere”  PASS
  8. Regal Beloit – “manufacturer of electric motors headquartered in Beloit, Wisconsin” PASS
  9. Smith AO – ” American manufacturer of both residential and commercial water heaters and boilers and the largest manufacturer and marketer of water heaters in North America” – PASS
  10. Republic Services Inc – ” second largest provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States, as measured by revenue” – YES

A storming start in the Top10 breakdown means that Jupiter Ecology passes! So I am happy to be invested in it. I’m not sure if it’s my best investment, but it’s not the worse.

VERDICT: YES