Key stats
About GLOBAL X ETFS ICAV - GLOBAL X CLEANTECH UCITS ETF
Expense ratio
0.50%
Home page
Inception date
Nov 18, 2021
ISIN
IE00BMH5YL08
CTEK aims to track an underlying index that focuses on the development of technologies and/or equipment relating to: (i) renewable energy production, (ii) residential and commercial energy efficiency and storage, (iii) smart grid implementation, (iv) lithium-ion batteries and/or fuel cells, or (v) preventing/ameliorating the negative environmental effects of pollution. The selection universe is based on FactSet Industries classification for CleanTech and screened for minimum liquidity and trading requirements. The fund selects the top 40 companies ranked by market-cap. The index may include companies from both developed and emerging markets, excluding India. Securities are weighted by market-cap with a single security cap of 6% and aggregate weight of all constituents with a weight greater than 5%, capped at 40%. The index is rebalanced semi-annually.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Stock breakdown by region