FGRD.L is trading at £4503.50 (+3.64%) as investors rotate back into infrastructure and utilities-linked smart-grid names following recent weakness.

  • The fund tracks the Nasdaq Clean Edge Smart Grid Infrastructure index, benefiting as electrification and grid modernization themes regain favor among investors.
  • Broader market sentiment improved following strong tech earnings and softer inflation data, which lifted U.S. equities and supported cyclical and infrastructure themes at the open.