(MT Newswires) -- Tim Rotolo, founder and CEO of Range Fund Holdings, points to the lack of coal-focused ETFs, despite the continuing demand for the resource in areas such as steel production and power generation. Rotolo believes that coal, although controversial, continues to play a crucial role in global energy production.
In his view, shares in the sector are undervalued, while companies are profitable, manage their capital rigorously and return capital to shareholders. These characteristics make the sector attractive for a thematic ETF. Rotolo concludes by pointing out that other ETF issuers are moving away from coal due to ESG pressures and stakeholder concerns, creating opportunities for Range Fund Holdings to position itself in these neglected markets.
