Guinness Sustainable Energy Fund on Schneider Electric
Thesis
The fund owns Schneider Electric as part of its electrical-equipment exposure to electrification and grid expansion. The company participates in the design, manufacture and servicing of electrical products across multiple voltage levels and end markets. The managers expect rising power demand and sustained grid investment to create a structural growth backdrop for these businesses.
“facilitate the electrification of energy demand and the build-out of the electrical grid”
Key risks
- Higher interest rates can weigh on growth-stock sentiment
- Grid and infrastructure investment can be delayed