Industry description
The investment seeks to provide capital growth while also seeking to invest in companies committed to reducing greenhouse gas (GHG) emissions within their operations and/or through the products or services they offer.
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of companies that the Manager and Van Eck Associates Corporation (the “Sub-Advisor”, together the “Management Team”) has identified as being capable of reducing, displacing and/or sequestering greenhouse gas (GHG) emissions or helping others to do so (80% policy). The fund is non-diversified.