Topic: How To Invest

Pat: Can I have your recommendation on the PowerShares WilderHill Clean Energy Portfolio ETF? Thank you.

Article Excerpt

PowerShares WilderHill Clean Energy Portfolio ETF, $5.75, symbol PBW on New York (Units outstanding: 25.0 million; Market cap: $143.8 million; www.invesco.com), aims to replicate the performance of the WilderHill Clean Energy Index, which is made up of 53 companies that focus on renewable power, energy conservation or efficiency. The fund’s top holdings are Hanwah Q Cells Co. (ADR), TerraForm Power, Renewable Energy Group, Ormat Technologies, Pattern Energy Group, China Ming Yang Wind Power Group (ADR), Solazyme Inc., Enphase Energy, Air Products and Chemicals, and PowerSecure International. This ETF takes on a lot of risk with its holdings, which include a number of Chinese stocks and companies that are heavily dependent on government subsidies. We don’t recommend the PowerShares WilderHill Clean Energy Portfolio ETF. ETF…