Overview
Description
The Invesco Global Clean Energy Fund is a mutual fund with a primary focus on investments within the clean energy sector. Its goal is to provide investors with the opportunity to participate in the growth and innovation occurring in the global clean energy industry. This fund invests in a range of companies that produce, develop, and promote technologies or services aimed at sustainable energy solutions, such as solar, wind, hydroelectric, and other renewable energy resources.
The fund diversifies its portfolio across various geographic regions, thereby mitigating risks associated with market volatility in any singular area. It targets sectors such as energy production, equipment suppliers, and technology developers that contribute to energy efficiency and pollution reduction. By supporting companies in both developed and emerging markets, it captures a broad spectrum of the clean energy landscape.
Invesco Global Clean Energy Fund plays a significant role in driving investments towards environmentally friendly and sustainable energy initiatives, reflecting the global shift towards reducing carbon footprints and reliance on fossil fuels. It aligns with the increasing regulatory and social emphasis on combatting climate change by promoting investment in the transition to a lower-carbon economy.
About
Instrument type
ETF
Country
Germany
MIC code
XBER