The Indexes are designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Indexes include companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the indexes cover are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.
The securities must also meet other eligibility criteria which include minimum requirements for market value, average daily share volume, and price. The Indexes are evaluated on a semi-annual basis in March and September. For more information about the NASDAQ Clean Edge U.S. Index and the NASDAQ Clean Edge U.S. Liquid Series Index, including detailed eligibility criteria, visit www.NASDAQ.com.
The NASDAQ Clean Edge U.S. Liquid Series Index is the basis for the First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund (Nasdaq:QCLN), which seeks investment results that correspond generally to the price and yield performance of the NASDAQ Clean Edge U.S. Liquid Series Index before fees and expenses.
As a result of the evaluation Active Power, Inc. (Nasdaq:ACPW), C&D Technologies, Inc. (NYSE:CHP), Capstone Turbine Corporation (Nasdaq:CPST), Distributed Energy Systems Corp. (Nasdaq:DESC), Hydrogenics Corporation (Nasdaq:HYGS), Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq:QTWW) and Vicor Corporation (Nasdaq:VICR) will be removed from the Index.
