URA ISSUER
The URA issuer, Global X Funds, focuses on providing exposure to the uranium industry through its investment strategy. At least 80% of the fund's assets are invested in securities of the Solactive Global Uranium & Nuclear Components Total Return Index, as well as in ADRs and GDRs based on the securities in the Index. Additionally, the fund targets companies involved in various aspects of the uranium industry, including mining, refining, exploration, manufacturing of equipment, and technologies related to uranium or nuclear components production. The fund's investment policies are non-fundamental, subject to shareholder notice, and it may also invest in companies generating significant revenues from uranium-related activities. The underlying index, managed by Solactive AG, screens companies for liquidity and compliance with ethical guidelines, including exclusion criteria related to controversial weapons. While the fund aims for passive indexing, it may use a replication or representative sampling strategy based on practical considerations. The correlation between the fund's performance and the underlying index is expected to exceed 95%, reflecting a close alignment with index performance. Notably, the fund's concentration mirrors that of the underlying index, which as of December 31, 2023, was concentrated in the oil, gas, and consumable fuels industry, with significant exposure to the energy sector.
URA DIVIDEND
URA Dividend, as an investment product, aims to provide investors with exposure to dividends generated by companies within the uranium industry. It allocates a significant portion of its assets, at least 80%, to securities of the Solactive Global Uranium & Nuclear Components Total Return Index, along with ADRs and GDRs based on these securities. Moreover, URA Dividend emphasizes investments in companies actively engaged in various aspects of the uranium sector, including mining, exploration, refining, equipment manufacturing, and technologies related to uranium or nuclear component production. The fund's strategy allows for investments in entities deriving substantial revenues from uranium-related activities, even if not exclusively focused on the sector. Managed by Global X Funds, URA Dividend's investment approach is guided by non-fundamental policies, subject to shareholder notice, with potential for securities lending up to one-third of its total assets. Additionally, the fund aligns with ethical considerations, as reflected in the screening process conducted by Solactive AG, the provider of the underlying index, which excludes companies involved in controversial weapons. By focusing on dividends generated by companies in the uranium industry, URA Dividend offers investors a specialized avenue for potential income generation within the sector.
URA TRACKING
URA Tracking, offered by Global X Funds, is designed to closely track the performance of the Solactive Global Uranium & Nuclear Components Total Return Index, providing investors with exposure to the uranium industry's market movements. The fund allocates at least 80% of its total assets to securities within the index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities. URA Tracking emphasizes investments in companies actively involved in various facets of the uranium sector, such as mining, exploration, refining, equipment manufacturing, and technologies related to uranium or nuclear component production. Furthermore, the fund may invest in entities generating significant revenues from uranium-related activities, enhancing its exposure to the sector. Managed by Global X Funds, URA Tracking employs a passive indexing approach, seeking to replicate the performance of the underlying index. While aiming for high correlation, the fund may utilize a representative sampling strategy under certain circumstances, ensuring efficient portfolio management. With its focus on tracking the performance of the Solactive index, URA Tracking provides investors with a straightforward vehicle for participating in the uranium industry's movements while benefiting from Global X Funds' expertise in index tracking.
URA CORRELATION
URA Correlation, offered by Global X Funds, seeks to maintain a strong correlation with the performance of the Solactive Global Uranium & Nuclear Components Total Return Index. This investment product allocates at least 80% of its total assets to securities within the index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities. URA Correlation focuses on companies actively engaged in various aspects of the uranium sector, such as mining, exploration, refining, equipment manufacturing, and technologies related to uranium or nuclear component production. Managed by Global X Funds, URA Correlation utilizes a passive indexing approach, aiming to replicate the performance of the underlying index. The fund's investment strategy is designed to ensure a correlation of over 95% with the index's performance, providing investors with a reliable means of tracking the uranium industry's movements. By maintaining a close correlation with the Solactive index, URA Correlation offers investors an efficient way to gain exposure to the uranium sector while benefiting from Global X Funds' expertise in index replication.
URA SECTOR
URA Sector, managed by Global X Funds, targets investments in companies operating within the uranium industry, encompassing various sectors vital to uranium production and nuclear energy. The fund allocates at least 80% of its total assets to securities within the Solactive Global Uranium & Nuclear Components Total Return Index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities. URA Sector focuses on companies engaged in uranium mining, exploration, refining, equipment manufacturing, and technologies related to uranium or nuclear component production. Additionally, the fund may invest in entities generating substantial revenues from uranium-related activities, enhancing its exposure to the sector. Managed by Global X Funds, URA Sector employs a targeted investment approach, concentrating on industries integral to uranium supply chains and nuclear energy production. By focusing on sector-specific investments, URA Sector provides investors with a specialized avenue for participating in the uranium industry's growth potential while benefiting from Global X Funds' expertise in sector-focused strategies.
URA EXPOSURE
URA Exposure, offered by Global X Funds, provides investors with comprehensive exposure to the uranium industry, covering various sectors essential to uranium production and nuclear energy. The fund allocates a significant portion of its assets, at least 80%, to securities within the Solactive Global Uranium & Nuclear Components Total Return Index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities. URA Exposure focuses on companies actively involved in uranium mining, exploration, refining, equipment manufacturing, and technologies related to uranium or nuclear component production. Moreover, the fund may invest in entities generating substantial revenues from uranium-related activities, broadening its exposure within the sector. Managed by Global X Funds, URA Exposure offers investors a specialized avenue for participating in the uranium industry's growth potential while benefiting from the fund manager's expertise in identifying opportunities across the sector.
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