Funds & ETFs 845

This month’s funds and ETFs provide exposure to a varied array of sectors.

Amplify Transformational Data Sharing ETF (BLOK)| Daily Alert August 18
We recently took huge profits in Bitcoin, but I now prefer to invest in blockchain technologies through Amplify Transformational Data Fund, an actively managed ETF.

According to a new report by Deloitte, 45% of technology firms have already incorporated blockchain into production.

Blockchain-enabled business models will present a seismic shift with regard to how business is conducted in the future. Its impact on commerce will be game-changing, especially given the increasingly digital global economy, the decentralization of business models and the number of stakeholders who are affected by blockchain technology.

Amplify Transformational Data Sharing ETF is the best way to profit from the blockchain technology with reduced risk.
Mark Skousen & Jim Woods, Forecasts & Strategies, markskousen.com, Eagle Financial, 300 New Jersey Ave. NW, Suite 500, Washington, D.C. 20001, August 2021

Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS) | Daily Alert August 19
Invesco S&P 500 Equal Weight Consumer Staples ETF is unique because it invests equal amounts in a collection of 33 consumer staple stocks within the S&P 500 index.

The nature of these products makes this sector defensive and much less vulnerable to recessions and bear markets.

RHS rebalances the investments at the beginning of each calendar quarter, which has given RHS a superior performance over other consumer staples funds because it has given investors exposure to many consumer staple stocks that are under-weighted in most other portfolios, making those stocks targets for new capital.
Gray Cardiff, Sound Advice, soundadvice-newsletter.com, 800-825-7007, July 30, 2021

Fidelity Envir and Alt Energy Fund (FSLEX) | Daily Alert August 24
Sustainability is a subset of thematic investing, which enables investors to participate in long-term trends. At Fidelity, they have a stable of funds which cover a range of strategies to appeal to different investing objectives.

Where appropriate and aligned with a fund’s investment objectives, Fidelity applies an ESG perspective directly to the products they offer. In broad terms, that means the Boston-based fund company has incorporated one or all the ESG factors into their fundamental research.

According to Fidelity’s research two-thirds of retail customers say social impact is a key to their investing decisions. There are several funds at Fidelity that focus on long-term themes broadly tied to specific areas of sustainability.

Fidelity Environment & Alternative Energy Fund focuses on alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services.

YTD Return (through 7/31) = 17.8%

1-Year Return = 54.0%
Brian W. Kelly, Moneyletter, moneyletter.com, 800-890-9670, August 2021

Fidelity Water Sustainability Fund (FLOWX) | Daily Alert September 3
Flooding in Europe and China, mudslides in India and, here in the U.S., a historic drought accompanied by record heat and wildfires—each is stoking the global debate about climate change and what can be done about it. Enter several new Fidelity funds whose investment objectives are more expansive and ambitious than the boilerplate maxim: “long-term growth of capital.” Notably, their investment strategies include the subjective and more altruistic goal of improving earth’s health.

Fidelity Water Sustainability has been upgraded to OK to Buy this month largely because of its 63% stake in various industrials. While the economic recovery should benefit cyclicals, companies engaged in the treatment, distribution and conservation of water may be especially well-positioned over the long term. Surging 7.3% in July, the narrow subsector got a shot in the arm last week when Congress moved one small step closer to passing a $1 trillion infrastructure improvement bill. The plan contains $55 billion to replace lead water lines and $50 billion more to guard against climate-induced droughts and floods.

With expenses presently capped at a highish 1%, Water Sustainability holds the promise of doing well while also doing good.
Jack Bowers, John M. Boyd and John Bonnanzio, Fidelity Monitor & Insight, fidelitymonitor.com, 800-397-3094, August 2021

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