Bringing you live news and features since 2006 

Global X Funds launches Gold Explorers ETF


Global X Funds, the New York based provider of exchange-traded funds, has launched the Global X Gold Explorers ETF. 

This is the first ETF offering access to gold exploration companies. 

"Gold exploration companies offer high risk-return characteristics with the potential to strike a gold mine, literally," says chief executive Bruno del Ama. 

The ETF tracks the Solactive Global Gold Explorers Index, which is designed to track the performance of the largest and most liquid listed companies globally active in the exploration of gold.

"We believe an ETF is a fantastic structure to provide access to this segment of the gold mining industry," says Jose C. Gonzalez, head of operations. "This is the venture capital of gold, and GLDX offers the opportunity to capture the fantastic returns of one company striking gold while smoothing over the losses generated by failed projects."

Global X Funds will follow with a Global X Uranium ETF launch.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by