Global X Renewable Energy Producers UCITS ETF (RNRG)

Overview

This fund is designed to provide investors with exposure to a range of publicly traded companies that are heavily involved in the generation of renewable energy. By investing a minimum of 80% of its total assets in securities that form part of the underlying index, along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities, the fund offers a focused investment strategy. The underlying index itself is crafted to highlight companies engaged in the production of energy from renewable sources, such as wind, solar, hydroelectric, geothermal, and biofuels. This includes investment in companies structured to own operating assets that generate predictable cash flows, offering a diversified blend of income-generating and growth opportunities within the renewable energy sector. Despite its focus on a specific segment of the market, the fund is described as non-diversified, meaning it may concentrate its investments more heavily in fewer issuers or sectors.

Products and Services

The fund offers investment products and services designed to cater to investors seeking exposure to the renewable energy sector:

• Securities Investment: The core offering includes investment in securities that are part of the underlying index, specifically targeting companies involved in renewable energy production. This strategy ensures that investors are directly exposed to the performance of leading companies in the wind, solar, hydroelectric, geothermal, and biofuel sectors.
• ADRs and GDRs Investment: In addition to direct securities investment, the fund expands its reach by investing in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). These instruments are based on the securities in the underlying index and offer investors an opportunity to gain exposure to foreign companies involved in renewable energy, potentially enhancing the diversification and global reach of their portfolio.