LGIM - L&G Clean Energy UCITS ETF
| Issuer: L&G ETFs |
| Asset Class: Equity |
| TER: 49bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 11 Nov 2020 |
| Ticker: RENG |
| ISIN: IE00BK5BCH80 |
This fund offers targeted exposure to the global clean energy sector, a pivotal theme in the worldwide effort to combat climate change. It provides a diversified portfolio of companies operating across the entire clean energy value chain. This includes firms involved in renewable power generation, such as solar and wind, as well as those developing crucial enabling technologies like advanced batteries for energy storage, smart grid infrastructure, and innovative energy efficiency solutions. By investing across this broad spectrum, the fund aims to capture growth from multiple angles of the energy transition, offering a comprehensive approach to this long-term structural trend.
The investment case is underpinned by powerful global tailwinds. Governments worldwide are implementing supportive policies and committing significant capital to achieve decarbonization goals, such as those outlined in the Paris Agreement. Concurrently, the cost of renewable technologies continues to fall, making clean energy increasingly competitive with traditional fossil fuels. This economic viability, combined with growing demand from both corporations and consumers for sustainable energy sources, creates a fertile environment for growth. The fund is positioned to capitalize on the substantial, multi-decade investment required to reshape the world's energy systems.
By physically replicating a dedicated clean energy index, the strategy provides investors with transparent and direct access to the sector's leading and emerging players. The fund's global mandate allows it to seek out opportunities in both developed and emerging markets, ensuring it can tap into growth wherever it materializes. This makes it a suitable core holding for investors seeking to align their portfolios with sustainable objectives while gaining exposure to companies at the forefront of technological innovation and environmental stewardship.
