Invesco Global Clean Energy UCITS ETF Acc

Issuer: Invesco

Asset Class: Equity

TER: 20bps

Trading Currency: USD

Pays Income: False

Listing Date: 02 Mar 2021

Ticker: GCLE

ISIN: IE00BLRB0242

This investment product provides targeted exposure to the global clean energy sector. It aims to replicate the performance of an index comprising companies whose innovative technologies and services focus on the generation and use of cleaner energy, energy conservation, energy efficiency, and the advancement of renewable energy. The portfolio includes businesses involved in various sub-sectors such as solar, wind, biofuels, hydro, and other renewable sources, as well as companies contributing to energy conversion, storage, and conservation. This makes it a comprehensive tool for investors looking to align their portfolio with the long-term structural shift towards a more sustainable global energy system.

By investing in a diversified basket of global companies, the fund mitigates single-stock risk while capturing the broad growth potential of the clean energy transition. This thematic strategy is suitable for investors with a long-term horizon who are seeking growth opportunities and believe in the continued expansion of renewable energy driven by technological advancements, supportive government policies, and increasing environmental awareness. It can serve as a satellite holding within a broader, well-diversified portfolio to add a specific thematic tilt towards sustainability and innovation in the energy sector.