The Global X Solar UCITS ETF (RAYZ LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Solar v2 Index.
Forecasts suggest the global market for solar energy could reach $200bn by 2026, quadruple the market size in 2019 (Source: Facts & Factors, May 2021).
Advancing Clean Technologies
Solar is the most abundant energy resource on earth (Source: U.S. Department of Energy). Increased adoption of solar technologies could potentially help address global power insecurity and minimize the adverse environmental impacts of fossil fuel consumption.
Conscious Approach
The ETF incorporates Environmental, Social & Governance (ESG) screens and follows ESG proxy voting guidelines to affect positive change alongside potential financial returns.
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
ETF Summary
The Global X Solar UCITS ETF (RAYZ LN) seeks to invest in companies positioned
to benefit from the advancement of the global solar technology industry. This
includes companies involved in solar power production; the integration of solar
into energy systems; and the development/manufacturing of solar-powered
generators, engines, batteries, and other technologies related to the
utilization of solar as an energy source.
Regulatory
SFDR Classification
Article 8
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
Yes
Authorized Participants & Market Makers
Citigroup Global Markets, DRW Europe BV, Flow Traders BV, GHCO LLP, HSBC Bank PLC, Jane Street Financial Ltd, Mirae Asset Securities UK Ltd, Societe Generale SA, Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC
