Green energy themed exchange traded funds in China have outperformed other thematic and broad-based ETF strategies in the first half of 2021, amid signs of a shift in the economy towards greener energy and more environmentally friendly consumer products.
ETFs investing in green energy have dominated the list of best-performing ETFs in China over the first six months of the year, with seven of the 10 ETFs being green energy themed products, Wind Info data show.
E Fund Management’s E Fund CSI New Energy ETF gained 45.5 per cent, leading the market, followed by China Asset Management’s ChinaAMC CSI New Energy ETF, which delivered 44.6 per cent in returns.
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