Long-only fund on the worldwide solar sector
Active Solar is the first long-only mutual fund focused on the worldwide solar energy sector; it was launched on September 15, 2008.
The strategy is to invest in the best companies of the solar sector, throughout the value chain of photovoltaics and without geographical limitation.
Active Solar invests only in listed stocks with sufficient liquidity.
Worldwide solar market
Do you know that?
The global photovoltaic market was multiplied by 100 in little more than 10 years.
This huge growth came with a 90% fall of the electricity cost generated by solar farms.
Nr.1Solar photovoltaics is Nr.1 of the utility sector in terms of new worldwide installed capacities per year, far bigger than wind, gas and coal.
In most countries, solar has become the cheapest source of electricity with record low prices around USD 2 ct./kWh.
= 3% of global electricity production in 2020
The International Energy Agency forecasts that photovoltaics will produce 7.7% of the world electricity in 2030 or even 11.5% in a “Sustainable Development” scenario, which would make solar the first source of electricity by 2040 with 21% of global production.
(Source: AIE, World Energy Outlook 2019)
SPecifics on the fund
Active Solar is a UCITS Luxembourg mutual fund (Luxembourg Selection Fund – Active Solar) authorized for public distribution in Switzerland and France with a daily NAV in USD, EUR and CHF within 4 share classes:
- C USD: ISIN LU0377291322
- A EUR: ISIN LU0377296479
- B EUR: ISIN LU1308789038
- C CHF: ISIN LU0377294268
The NAV of the fund, the prospectus and all official publications are available on the website of swissfunddata.