ICLN 📈 iShares Global Clean Energy - Overview

The iShares Global Clean Energy ETF, listed on the NASDAQ under the ticker symbol ICLN, is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of clean energy-related companies. The fund's underlying index is composed of approximately 100 companies that are involved in the clean energy sector, including those engaged in renewable energy, energy efficiency, and other related technologies. By tracking the performance of these companies, the fund offers investors a way to participate in the growth of the clean energy industry.

In terms of its investment strategy, the fund generally allocates at least 80% of its assets to the component securities of the index, which includes a range of companies involved in clean energy production, distribution, and technology. This can include companies that specialize in solar energy, wind energy, hydroelectric power, geothermal energy, and other forms of renewable energy. The fund may also invest in companies that provide energy efficiency solutions, such as smart grid technologies and energy storage systems. Additionally, the fund has the flexibility to invest up to 20% of its assets in certain derivatives, such as futures, options, and swap contracts, as well as in cash and cash equivalents, and securities not included in the index.

As a non-diversified fund, the iShares Global Clean Energy ETF is not required to meet the same diversification requirements as diversified funds, which means it can invest a larger portion of its assets in a smaller number of securities. This can be beneficial for investors who are looking to gain exposure to a specific sector or industry, such as clean energy, but it also increases the risk of volatility and potential losses if the sector experiences a downturn. The fund is listed on the NASDAQ and is available to investors in the United States, with its domicile and primary listing in the US. More information about the fund can be found on the iShares website at http://www.ishares.com.

From a structural perspective, the iShares Global Clean Energy ETF is classified as an exchange-traded fund, or ETF, which is a type of investment fund that is listed and traded on a stock exchange like individual stocks. The fund's ISIN, or International Securities Identification Number, is US4642882249, and it is categorized as a miscellaneous sector ETF. This classification reflects the fund's focus on a specific sector or industry, rather than a broader asset class or geographic region. Overall, the iShares Global Clean Energy ETF provides investors with a convenient and cost-effective way to gain exposure to the clean energy sector, which is expected to continue growing in the coming years as demand for renewable energy and sustainable technologies increases.