EcoLogical Strategy ETF (HECO), an actively managed ETF focused on investing in the “greenest” companies, has marked its five year anniversary having consistently outperformed its index since inception.
HECO is ranked in the top 1 per cent of its category for the Morningstar Sustainability Rating. HECO has generated a 13.28 per cent five-year annualised return, significantly outperforming the MSCI ACWI Index return of 10.20 per cent.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
“HECO seeks capital appreciation through an actively managed portfolio of ecologically-focused companies that we believe have positioned their business to respond to increased environmental legislation, cultural shifts towards environmentally conscious consumption, and capital investments in environmentally oriented projects,” says David Miller, Portfolio Manager of HECO. “Given the strong track record of ecological investing along with several global megatrends acting as a potential tailwind (ie, institutional asset flow and important changes in investor demographics and concerns), we believe that investors can benefit by allocating a portion of their equity portfolios to ecologically-oriented investment strategies.”