Virtus GF Clean Energy Fund

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UCITS Specialty

Virtus GF Clean Energy Fund

Domicile
Ireland
Valuation
Daily
Inception Date
(Class I Acc.)
3/13/23
Total Expense Ratio
(Class I)
1.00%1
UCITS IV
Yes
Base Currency
USD
Convenience Pricing
GBP
Benchmark
The S&P Global Clean Energy Index (net)
1The Investment Manager has currently voluntarily undertaken to limit the aggregate annual ordinary expenses of the Fund’s Class I shares to 1.00%. The Investment Manager may terminate or modify this undertaking at any time at its sole discretion upon advance notice to the Fund’s shareholders.

Product Overview

Investment Partner

Duff & Phelps Investment Management Co.

Duff & Phelps pursues specialized investment strategies with exceptional depth of resources and expertise. Since its earliest beginnings, providing research and analysis of income producing securities to Depression-era investors, the firm's attention has been set on identifying attractive opportunities through active management and fundamental research, while managing the associated risks. Today, building on a distinguished legacy, Duff & Phelps has earned a reputation as a leader in investing in Global Listed Infrastructure, Global Listed Real Estate, Water, and Diversified Real Assets.

Quality. Reliability. Specialization. Since 1932.


Learn more about Duff & Phelps Investment Management Co.

This is a marketing communication. Please refer to the prospectus of the UCITS and to the PRIIPS KID/KIID before making any final investment decisions.

Investment Overview

  • The Virtus GF Clean Energy Fund (Fund) seeks to generate attractive total returns by investing globally in a portfolio of clean, renewable, and sustainable companies and technologies that will power the energy needs of the future. The Fund focuses on well-positioned market leaders at the forefront of clean energy innovation and commercialization.
  • The Fund invests in a specialized portfolio of clean energy market leaders with a balanced and diversified approach across technologies, sectors, and geographies. Investors may benefit from the long-term secular growth of clean energy demand and the projected build-out of renewable energy generation across the utility, industrial, technology, and energy sectors.
  • The team selects a high-conviction portfolio of clean energy producers, clean energy technology and equipment providers, and clean energy transmission and distribution companies where innovation has been most commercially proven.
  • Duff & Phelps’ history and proven process with utilities and energy investments spans more than eight decades. Maintaining direct insight into every part of the clean energy value chain, through specialized research and analysis, along with crucial knowledge of the legislative and regulatory environment, provides for a distinct vantage point.
  • Investors invest in shares of the Fund. The Fund is suitable for investors who are willing to tolerate a moderate level of volatility and who expect to maintain their investment over the long-term horizon.
  • The Fund is actively managed. The Fund uses the S&P Global Clean Energy Index (net) as a comparator benchmark but not to constrain portfolio composition or as a target for performance.

This fund is registered in the following country: United Kingdom

Risk Considerations

Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small, medium, or large-sized companies may enhance that risk.
Clean Energy Industry: Developments in the clean energy segment could adversely affect the price and valuations of portfolio holdings. These developments include swift price and supply fluctuations caused by events relating to international politics, the success of project development and tax and other governmental regulatory policies. There could also be weak demand for clean energy company products or services, the obsolescence of existing technology or short product cycles, and falling prices and profits due to the supply of, and demand for, oil and gas along with competition from new market entrants.
Industry/Sector Concentration: A portfolio that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated portfolio.
Foreign & Emerging Markets: Investing in foreign securities, especially in emerging markets, subjects the portfolio to additional risks such as increased volatility, currency fluctuations, less liquidity, and political, regulatory, economic, and market risk.
Operational Risk: Material losses to the Fund may arise as a result of human error, system and/or process failures, inadequate procedures or controls.
Prospectus: For more information in relation to these and other risks, please refer to the 'Characteristics and Risks of Securities and Investment Techniques' section of the prospectus.

Fund Codes

Share Class ISIN Currency Bloomberg
A Shares Accumulating IE00024E3XW7 USD VIGCENA
I Shares Accumulating IE000LMD37X0 USD VIGCEIU
I Shares Accumulating IE000K7OAAZ8 GBP VIGCENI
I Shares Distributing IE000H7X66I3 GBP VIGCEIG
R Shares Accumulating IE000RYS1JN0 USD VIGCENR

Process


Step 1:
Global Clean Energy Universe

Developed and select developing markets across utilities, industrials, technology, and energy sectors


Step 2:
Investable Clean Energy Universe

Screen for trading liquidity and market cap considerations


Step 3:
Core Research List

Evaluate eligibility requirements, business model, and long-term sustainability of clean energy producers, clean energy technology and equipment providers, and clean energy transmission and distribution companies


Step 4:
Focus List

Ranked by asset and management quality, and favorable regulatory environments


Step 5:
Portfolio Construction

Perform fundamental bottom-up on Focus List to get to a high-conviction portfolio of 30-40 companies

Investment Professionals

Ben Bielawski

Benjamin Bielawski, CFA

Portfolio Manager, Senior Research Analyst

Industry start date: 1995
Start date as fund Portfolio Manager: 2023

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Eric Fogarty

Eric Fogarty, CFA

Portfolio Manager, Senior Research Analyst

Industry start date: 1997
Start date as fund Portfolio Manager: 2023

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Related Literature

Marketing Materials

Virtus GF Clean Energy Fund Fact Sheet
Virtus GF Clean Energy Fund Commentary
Virtus Global Funds Shareholder Engagement Policy
Virtus Global Funds Privacy Notice
Virtus Global Funds Cookie Policy

Fund Resources

Virtus Global Funds UCITS Daily NAV Report
Virtus Global Funds Codes & Fee Schedule
2024 Virtus GF Clean Energy Fund Distribution Calendar
Virtus GF Clean Energy Fund Performance Report
Virtus Global Funds ICAV Application
Virtus Global Funds ICAV Redemption Form
Virtus Global Funds ICAV Additional Subscription Form
Virtus Global Funds Distribution Contact Info
2024 Virtus Global Funds Distribution Calendar
2024 Virtus Global Funds Holiday Calendar

Regulatory Documents

UK Reporting Fund Status Report to Investors - Virtus Global Funds ICAV
Virtus GF Clean Energy Fund – Sustainability-related Disclosures (SFDR)
Virtus Global Funds ICAV Prospectus
Virtus GF Clean Energy Fund Supplement
Virtus Global Funds ICAV Semiannual Report
Virtus Global Funds ICAV Prospectus - Germany
Virtus ICAV Supplement – UK – May 2023

Holdings

Virtus GF Clean Energy Fund Quarterly Holdings

The S&P Global Clean Energy Index (net) is designed to measure the performance of companies in global clean energy-related businesses from both developed and emerging markets, with a target constituent count of 100, calculated on a total return basis with net dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.

The Virtus Global Funds (the “Funds”) are comprised of an open-ended investment company and an open-ended Irish collective asset-management vehicle, each of which is structured as an umbrella fund with segregated liability between sub-funds and each of which is authorised, formed and regulated under the laws of Ireland as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). The offering of the shares of the Virtus Global Funds is restricted in many jurisdictions and investors must inform themselves of and observe applicable restrictions in their jurisdiction.  The Funds are distributed by VP Distributors, LLC, One Financial Plaza, Hartford, CT  06103, USA.  The Funds’ current prospectuses and PRIIPS KID/KIID contain more information as well as the risks of investing and may be obtained free of charge from BNY Mellon Fund Services (Ireland) Designated Activity Company, Wexford Business Park, Rochestown, Drinagh, Wexford Y35 VY03 Ireland Phone: (+353 21) 438 00 99, or by visiting www.virtusglobalfunds.com.  The Funds have not been registered under the United States Investment Company Act of 1940, as amended, or the United States Securities Act of 1933, as amended, and are not available for sale in the U.S. or to U.S. Persons.  Please see the Funds’ prospectus for a definition of U.S. Person.

NOT FOR SALE IN THE U.S. OR TO U.S. PERSONS