5. Green AAPL
Some of the best, brightest (and biggest) understand the demand for green bonds.
In 2016, Apple issued $1.5 billion in bonds dedicated to financing clean energy projects across its global business operations, the largest green bond to be issued by a U.S. corporation. As with other issuances in order to
Apple’s participation brought visibility and validation to both the sector and Apple itself, so much so that the company issued a second green bond of $1 billion in June of this year.
While still somewhat new to the fixed-income space, green bonds are proving themselves adept at delivering reasonable returns with equally reasonable volatility, all while encouraging sustainable and environmentally-friendly policies and practices. It’s a win-win (win) for all involved, and well worth a look from debt-oriented investors and advisors looking to further diversify their portfolios.
Bill Mock is the lead member of the portfolio management team for Shelton’s Fixed Income and Money Market funds.