A new income fund will launch on 1 December giving investors the chance to earn regular dividends from the boom in clean energy projects.

VT Gravis Clean Energy Income Fund plans to mainly invest in specialist closed-end funds and companies with clean energy operational assets.

It will also consider taking small stakes in investments linked to the wider clean energy theme, such as new battery technology, energy storage and pollution cutting measures, for example.

Supportive backcloth

‘Supported by government initiatives, improved technology and a shift in social awareness of climate change and sustainability, clean energy has evolved to become a huge, reliable and dependable industry since the turn of the decade and now forms an important component of the global energy generation mix today,’ says William Argent of Gravis, an adviser to the fund.

Among the potential attractions to investors is the targeted 4.5% income yield and charges capped at 0.8%. Dividends will be paid quarterly.

‘Our aim is to deliver dependable returns for our investors, and this fund is a perfect marriage of our expertise and the requirements of our investors,’ says Stephen Ellis, also of Gravis. (SF)

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