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TCW Transform Systems ETF (NETZ)

74.28

-0.70

(-0.93%)

At close: October 22 at 4:00 PM EDT

One portfolio manager's ways to play the 'impending power shortage'

There have been a number of headlines about AI's big demand for energy. First, there was the announcement that Constellation Energy (CEG) would restart a nuclear reactor at Three Mile Island to help fuel Microsoft's (MSFT) need for power for its AI systems. That was followed by reports that OpenAI went to the White House to pitch huge data centers to help feed AI demand. TCW Senior Portfolio Manager Eli Horton tells Yahoo Finance that the US is facing an "impending power shortage." He notes that power demand had been flat for decades, but that is changing due to things like AI and EVs. "We're seeing a significant shortage in the infrastructure and the power generation to meet this demand acceleration," he says. So, how do you play this trend? Horton points to the need to build out infrastructure "from power generation to the transmission and distribution, and then the electrical and software businesses at the data center level." One stock Horton highlighted is Vistra (VST). Find out why he likes it and other plays in the video above. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

Yahoo Finance Video 23 days ago

CEG

VST

MSFT
TCW Completes Conversion of Flexible Income Mutual Fund to ETF

LOS ANGELES, June 24, 2024--The TCW Group announced today that it has completed the conversion of TCW’s MetWest Flexible Income Fund into an ETF: the TCW Flexible Income ETF.

Business Wire 3 months ago

MWFEX

MWFSX

FLXR
GTS Selected as NYSE Designated Market Maker for Five ETFs From the TCW Group

NEW YORK, May 30, 2024--GTS, a leading electronic market maker across global financial instruments, today announced that it has been selected as the NYSE designated market maker (DMM) for five ETFs issued by the TCW Group, a leading global asset management firm.

Business Wire 4 months ago

VOTE
-0.06%
GRW

SUPP
-0.66%
ETFs: Energy to become mega theme on rising US grid demands

As the world moves towards renewable energy, simultaneously making massive investments in AI infrastructure which demands a gargantuan amount of power to run, certain investment opportunities should be on the radar for investors for the long term. TCW Senior Portfolio Manager Eli Horton joins Wealth! to give insight into why power and energy ETFs may be a smart play for investor portfolios.  "We are really starting to see the beginning of what we consider a mega theme or a transformative investment opportunity in the transformation of our energy system. If you think about it, we are in the very early innings of migrating from using all fossil fuels to 100% renewable power generation, and we are only about 15% of the way there," Horton cements how much of an opportunity these ETFs may be for investors. "There's been a lot of lofty targets that we'll make it by 2050 to a net zero state: We won't. This is a very complex challenge. The world's investing $5 to 6 trillion per year to solve this problem." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Yahoo Finance Video 5 months ago

XOM

NETZ
-0.93%
SUPP
-0.66%
TCW Completes Conversion of Two Mutual Funds to ETFs

LOS ANGELES, May 06, 2024--The TCW Group, a global asset management firm, announced today that it has completed the conversion of two mutual funds into exchange-traded funds (ETFs) – the TCW Artificial Intelligence ETF (AIFD), previously known as the TCW Artificial Intelligence Equity Fund (Ticker: TGFTX), and the TCW Compounders ETF (GRW), previously known as the TCW New America Premier Equities Fund (Ticker: TGUSX).

Business Wire 5 months ago

NETZ
-0.93%
AIFD

GRW

Return	NETZ	Category
YTD	+32.69%	+19.35%
1-Year	+50.35%	+32.84%
3-Year	0.00%	+10.14%

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TCW Transform Systems ETF (NETZ)

One portfolio manager's ways to play the 'impending power shortage'

TCW Completes Conversion of Flexible Income Mutual Fund to ETF

GTS Selected as NYSE Designated Market Maker for Five ETFs From the TCW Group

ETFs: Energy to become mega theme on rising US grid demands

TCW Completes Conversion of Two Mutual Funds to ETFs

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