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Global X ETFs launches seven European thematic UCITS ETFs

ETF blocksGlobal X ETFs has launched seven new UCITS ETFs, listed on the London Stock Exchange (LSE) and Deutsche Börse Xetra.

Global X, which announced its formal entrance to European markets in December 2020, is adding an AI fund, as well as a cybersecurity, a cleantech, an electric vehicle, an e-commerce, a fintech, and an internet of things fund to its existing line-up of European UCITS ETFs.

Fund Name

Ticker

Index

Expense

Ratio

Global X Robotics & Artificial Intelligence UCITS ETF

BOTZ

Indxx Global Robotics & Artificial Intelligence Thematic v2 Index

0.50%

Global X Cybersecurity UCITS ETF

BUG

Indxx Cybersecurity v2 Index

0.50%

Global X CleanTech UCITS ETF

CTEK

Indxx Global CleanTech v2 Index

0.50%

Global X Autonomous & Electric Vehicles UCITS ETF

DRVE

Solactive Autonomous & Electric Vehicles v2 Index

0.50%

Global X E-commerce UCITS ETF

EBIZ

Solactive E-commerce v2 Index

0.50%

Global X FinTech UCITS ETF

FINX

Indxx Global FinTech Thematic v2 Index

0.60%

Global X Internet of Things UCITS ETF

SNSR

Indxx Global Internet of Things Thematic v2 Index

0.60%


“Digital transformation of the global economy continues to be a major driver of change throughout the value chain, challenging traditional investment frameworks. Accurately capturing firms leading in disruptive themes requires a forward-looking investment approach to identify the fast-growing trends of the next decade,” said Rob Oliver, head of business development in Europe at the firm. 

According to the firm, trade and supply chain issues exacerbated by the Covid-19 pandemic has led companies to question their supply chain integrity. 

Automation, for example, will be a likely catalyst for reshoring and allowing companies to offset some of their manufacturing costs. 

Industrial robot sales grew at a compound annual growth rate (CAGR) of 15% from 2013 to 2019, according to the BVI. 

“Through thematic investing, investors can gain targeted exposure to certain disruptive themes like the Internet of Things (IoT), Robotics and Artificial Intelligence (AI), E-Commerce, and 5G, and we expect to see huge investment and advancements in these themes over the next decade,” he added. 

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