Overview
ISIN | IE00BLCHJH52 |
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Share Class | Accumulation |
Ongoing Charge | 0.5% |
Annual Management Charge | 0.5% |
The Fund’s investment objective is to generate returns that closely correspond, before fees and expenses, generally to the price and yield performance of the Indxx Renewable Energy Producers v2 Index (the “Index”). The Fund is passively managed. The Fund will aim to achieve its investment objective by attempting to replicate the performance of the Index by investing primarily in a portfolio of equity securities that as far as possible and practicable consists of the component securities of the Index in similar proportions to their weightings in the Index and in american depositary receipts (“ADRs”) and global depositary receipts (“GDRs”) based on the securities in the Index. The Fund is an ESG Fund and promotes environmental characteristics by focusing on investments in Renewable Energy Companies through replicating the Index. The Index aims to provide exposure to publicly listed companies that produce energy from renewable sources including wind solar, hydroelectric, geothermal, and biofuels (including those that are formed to own operating assets that produce defined cash flows (“YieldCos”). A company must derive at least 50% of its revenues from renewable energy production. When not possible or practicable to continue to hold all of the component securities of the Index, the Fund may invest in depositary receipts relating either to components securities of the Index or to equity securities of the type referred to above; and financial derivative instruments (“FDIs”), namely, total return “unfunded” OTC swaps and exchange-traded equity futures for investment purposes. The Fund may enter into securities lending transactions, investing in repurchase and reverse repurchase transactions and short term money market collective investment schemes, for the purposes of efficient portfolio management only. The Fund’s base currency is USD. For Accumulating Shares, income will be automatically reinvested in the Fund and reflected in the NAV per share. Investors can buy and sell shares of the Fund on each business day. Business day means a day on which the New York Stock Exchange is open for normal business. For more information about the investment policy and strategy of the Fund, please refer to the sections entitled “Investment Objective” and “Investment Policy” of the Fund’s Supplement.
Midprice | $10.31 |
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Change on Day | $0.23 |
Change on Day % | 1.7% |
52 week high | $11.09 |
52 week low | $7.99 |
Fund currency | USD |
Date updated | 04 July 2025 |
Fund Type | Open Ended Investment Company |
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Unit Type | Accumulation |
Standard initial Charge | - |
Annual Management Charge | 0.5% |
Dividend Frequency | - |
Latest Distribution Info |
- |
Fund Manager Company | Global X |
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