E-Ton Solar Tech

The China CleanTech Index rose from 64.25 to 74.57 over the month of April recording a 16.1% gain. This compared to the NEX gain of 5.1%, the CTIUS gain of 1.1%, the Shanghai Composite gain of 18.5% and the MSCI gain of 2.2%.

The combined investment themes of China and environment provide a compelling case for investment. The sector remains volatile as it matures and reacts to environmental and industry development policy shifts. The quality and scale of the companies included in the sector varies widely and strong research into both sub-sectors and companies is essential before committing to the sector.

The best performing sub-indices for the month were the China Hydro Index with a 6.5% gain and the China Wind Index with an 4.6% gain. The two weakest sub-indices through October were the China Environment Index and the China Waste Index that both recorded losses of 2.5%.

The China CleanTech Index recorded a 2.1% gain in October 2013 but underperformed against three of its four benchmarks. The China CleanTech Index rose from 41.68 to 42.56 over the month of October recording a 2.1% gain. This compared to the NEX gain of 5.1%, the CTIUS gain of 3.5%, the Shanghai Composite loss of 0.9% and the MSCI gain of 3.8%.