The Global X Solar UCITS ETF USD Accumulating is an exchange-traded fund launched on 15 February 2022, designed to track the Solactive Solar v2 Index. Its primary objective is to deliver investment results that closely correspond to the price and yield performance of this index, focusing on companies positioned to benefit from advancements in solar technology. The ETF qualifies as an ESG fund under Article 8 of SFDR, promoting environmental characteristics by investing in 'Solar Companies' that derive at least 50% of revenues from solar-related activities, such as manufacturing solar panels and components, producing polysilicon or other electric devices, and providing engineering, installation, integration, maintenance, or advisory services for solar power at residential, commercial, and industrial levels. As an accumulating share class domiciled in Ireland and managed by Global X, it automatically reinvests dividends into the fund, enhancing share price growth without distributions to investors. With assets under management around 8 million euros and a total expense ratio of 0.50% per annum, it offers unhedged USD exposure in a long-only strategy, playing a niche role in sustainable investing by targeting the expanding solar energy sector within global renewable energy markets.