Global X CleanTech UCITS ETF (Acc)
| Issuer: Global X ETFs |
| Asset Class: Equity |
| TER: 50bps |
| Trading Currency: GBP |
| Pays Income: False |
| Listing Date: 18 Nov 2021 |
| Ticker: CTEG |
| ISIN: IE00BMH5YL08 |
The investment strategy focuses on tapping into the significant global transition towards a more sustainable and environmentally friendly economy. Driven by a confluence of factors including mounting concerns over climate change, supportive government policies worldwide, and significant technological advancements that have made renewable energy sources increasingly cost-competitive, the clean technology sector is poised for substantial long-term growth. This megatrend is further accelerated by a shift in corporate and consumer preferences towards sustainability, creating a robust and expanding market for innovative companies that are developing solutions to address pressing environmental challenges.
This fund provides targeted exposure to a diverse range of companies operating at the forefront of the clean technology revolution. The portfolio is strategically constructed to include businesses across the entire value chain, from those involved in the production of renewable energy, such as solar and wind power, to firms specializing in energy storage, grid modernization, and energy efficiency. It also includes companies that supply the critical raw materials and components necessary for these technologies to function. By investing in this broad spectrum of activities, the strategy aims to capture the growth potential of the entire clean energy ecosystem, mitigating risks associated with concentrating on a single sub-sector.
Investing in this thematic area offers a compelling opportunity to participate in one of the most transformative structural shifts of our time. It allows for potential capital appreciation by aligning with innovative firms leading the charge towards decarbonization. Furthermore, it serves as a way for investors to build a portfolio that not only seeks financial returns but also contributes to a positive environmental impact, making it an attractive option for those integrating environmental, social, and governance (ESG) considerations into their investment decisions.
