Global X China Clean Energy UCITS ETF USD Accumulating header image

Global X China Clean Energy UCITS ETF USD Accumulating

ETF

ISIN IE000TMA7T63 / Valor null

NAV (2024-08-28)
USD 22.83-0.09%

Global X China Clean Energy UCITS ETF USD Accumulating
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The Fund’s investment objective is to generate returns that, closely correspond, before fees and expenses to the performance of the Solactive China Clean Energy v2 Index Net Total Return (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. The Fund may invest in the following mainland China-related securities of clean energy companies: A-Shares (shares of companies incorporated in China that are quoted in RMB and traded on the Shanghai or Shenzhen stock exchanges), H-Shares (shares of companies incorporated in mainland China that are traded on the Hong Kong stock exchange), N-Shares (shares of companies incorporated in China that are traded on the NYSE, NASDAQ, or the NYSE MKT), P-Chips and Red Chips (shares of companies incorporated outside of China and traded on the Hong Kong stock exchange, Red chips are usually controlled by the state or a province or municipality whereas P Chips are non state-owned Chinese companies incorporated outside the mainland and traded in Hong Kong). The Fund will invest in A-Shares included in the Index through Stock Connect, which may include stocks on the Small and Medium Enterprise Board and/or ChiNext Board of the Shenzhen Stock Exchange. Clean energy involves ensuring access to affordable, reliable, sustainable and modern energy. The Fund may have exposure to or invest up to 20% of the Net Asset Value (“NAV”) of the Fund in stocks issued by the same body. The Index universe includes listed shares of companies headquartered in mainland China or Hong Kong. For more information in relation to the Index please refer to the Fund’s supplement. The Fund may invest in financial derivative instruments (“FDIs”) for hedging purposes. It is not intended to invest in FDIs for investment purposes. The Fund’s base currency is USD. This share class is denominated in USD. For Accumulating Shares, income will be automatically reinvested in the Fund and reflected in the NAV per share. The Fund is open for subscriptions and redemptions on each Dealing Day. Dealing day means a day on which the Hong Kong Stock Exchange is open for normal business or such Business Day(s) as the Directors may from time to time determine for dealings in the Fund (and notify in advance to Shareholders). The dealing cut-off time for the Fund is 4:00pm (Dublin time) on each business day prior to the relevant dealing day. Business day means a weekday other than the Friday before Easter, Christmas Day and New Year’s day. 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.

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Tags:
china equities clean energy solactive china clean energy index

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