NASDAQ Clean Edge U.S. Liquid Series Index (CELS)
Starting out on the 17th November2006 at the level of 250.00 the CELS uses a market capitalization - weighted method. Companies that are considered eligible for this index are technology manufacturers, developers, distributors, and/or installers in one of the
following sub-sectors:
• Advanced Materials (nanotech materials, advanced membranes, silicon-based materials
and alternatives, bioplastics, etc. that enable clean-energy technologies and/or reduce
the need for petroleum-based materials);
• Energy Intelligence (conservation, automated meter reading, energy management
systems, smart grid, superconductors, power controls, etc.);
• Energy Storage & Conversion (advanced batteries, hybrid drivetrains, hydrogen, fuel
cells for stationary, portable, and transportation applications, etc.); and
• Renewable Electricity Generation & Renewable Fuels (solar photovoltiacs, concentrating
solar, wind, geothermal, and ethanol, biodiesel, biofuel enabling enzymes, etc.)
There are also certain criteria about the size of the companies that are all outlined in this method statement.
The indexed securities that are included in the index are reviewed and updated twice a year in March and September, so keep a look out for opportunities to invest in up and coming companies.
If you wish to invest in this index then you can do so using an exchange-traded index fund. The First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN) is based on the CELS index and administered by First Trust Advisors L.P.
Alternatively, you can use this index as a starting point for further research into companies in the Clean Tech sector for inclusion in your own portfolio.