CTEC Profile
Global X CleanTech ETF is an actively managed exchange-traded fund (ETF) that targets companies involved in advancing clean technology and sustainable energy solutions. The fund aims to achieve its investment objective by allocating at least 80% of its total assets, including any borrowings for investment purposes, to securities that are part of its underlying index. This includes investing in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) related to the securities within the index.
The underlying index is meticulously crafted to track companies that are poised to benefit from the growing adoption of clean technologies. These companies are engaged in activities that enhance the efficiency of renewable energy production or address environmental challenges associated with resource consumption. By focusing on exchange-listed firms involved in these areas, the index provides targeted exposure to businesses at the forefront of clean tech innovations.
Global X CleanTech ETF capitalizes on the global shift towards sustainability by investing in a diverse range of companies that contribute to environmental improvements. This includes sectors such as renewable energy, energy storage, and pollution control. The fund's investment strategy is designed to capture growth opportunities in the clean tech sector while promoting environmentally responsible practices.
With its emphasis on clean technology, Global X CleanTech ETF offers investors a way to align their portfolios with the global transition towards more sustainable and eco-friendly practices. As a non-diversified fund, it focuses on a specific sector, providing concentrated exposure to companies driving advancements in renewable energy and environmental efficiency. This approach allows investors to support and benefit from innovations aimed at tackling pressing environmental issues.
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