Overview
Description
The GX Wind Energy UCITS ETF is a type of exchange-traded fund that focuses on the wind energy sector. This ETF is designed to track the performance of companies involved in the production and use of wind energy, providing investors exposure to this segment of the renewable energy market. It primarily invests in global equities of firms that generate a significant portion of their revenues from wind energy activities, including the manufacturing of wind turbines, wind farm operations, and the provision of components and services necessary for wind power generation.
Notably, this ETF offers a diversified approach to investing in an industry that is crucial for transitioning to sustainable energy sources. By concentrating on wind energy, the GX Wind Energy UCITS ETF aligns with growing trends towards clean energy solutions and carbon reduction targets. This ETF plays a pivotal role in the financial market by enabling investors to support and potentially benefit from the long-term growth and development of the wind energy sector. It also reflects broader market trends driven by environmental, social, and governance (ESG) criteria that are increasingly influencing investment strategies worldwide.
About
Instrument type
ETF
Country
Italy
MIC code
XMIL