The clean energy transition is well underway. Forecasts suggest that global solar power capacity could more than triple between 2024 and 20301
Solar is the most abundant energy resource on earth.2 Increased solar adoption could help minimize the adverse environmental impacts of fossil fuel consumption.
Solar energy is a dynamic theme, supporting a long-term structural shift in worldwide energy use. RAYS invests accordingly, with global exposure across multiple sectors and industries.
1International Energy Agency (IEA), Oct 2024
2National Renewable Energy Laboratory
Key Information |
Distributions |
NAV | $8.35 | Daily Change | $0.04 | 0.48% |
Market Price | $8.33 | Daily Change | $0.10 | 1.22% |
Fund NAV | Market Price | Index | |
---|---|---|---|
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Sector | Weight (%) | |
---|---|---|
Information Technology | 47.4 | |
Industrials | 28.5 | |
Consumer Discretionary | 11.8 | |
Materials | 7.5 | |
Utilities | 3.1 | |
Real Estate | 1.7 |
Return on Equity | 8.40% | |
Weighted Avg. Market Cap | 6,709 M | |
2024 | 2025 | |
Price-to-earnings | 59.50 | 17.35 |
Price-to-book value | 1.51 | 1.41 |
Source: AltaVista Research, LLC
VERSUS | BETA |
---|---|
S&P 500 | 0.89 |
NASDAQ-100 | 0.62 |
MSCI EAFE | 1.12 |
MSCI Emg. Mkts | 1.07 |
Standard Deviation | 34.00% |
Source: AltaVista Research, LLC
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.