Invesco Global Clean Energy UCITS ETF Acc

What this fund is

Invesco Global Clean Energy UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker GCLE (ISIN IE00BLRB0242). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the WilderHill New Energy Global Innovation Index index — the passive, low-cost approach, and its largest holdings include VOLTRONIC POWER TECHNOLOGY TWD10, SINO-AMERICAN SILICON PRODUC TWD10 and RIVIAN AUTOMOTIVE INC-A USD 0.0010. Spread across roughly 111 holdings (the ten largest ≈ 12.6%), no one position makes or breaks the fund.

Geographically it leans ~26.4% United States, ~15.6% Taiwan and ~7.1% China. By industry it concentrates most in ~37.3% Industrials and ~15.2% Utilities. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.6% a year — about €60 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 22.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2021. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Invesco.)