Cronus Capital Markets (CCM) announced the launch of its BetterWorld Stock Index CDA(TM), which tracks Canadian companies focused in the areas of green energy, green related construction, design and recycling, and environmental technology, including air purification and filtrations, water treatment and soil remediation.
Michael Soni, President and CEO of CCM, said, "After a thorough analysis of Canadian public companies operating in the Green/Alternative Energy industries as well as those companies involved with Environmental Technology, we have determined that they are rather undervalued and, ultimately, neglected by the market."
CCM created the ISE-CCM Green Energy Index (ISE:
POW) with a 5 year return of 66% and the ISE-CCM Future Energy Index
(ISE: NEW) with a 5 year return of 429%, both of which trade on the
ISE, the largest options exchange in the world. CCM expects ETF’s to
also be listed on these indexes.
Download the index.
About CCM
Cronus Capital Markets is a capital market services firm; providing products and services to investors, institutions, securities exchanges, and public companies.