Global X ETFs, a global provider of ETFs, has announced the expansion of its European business with the addition of seven new European UCITS ETFs, listed on London Stock Exchange and Deutsche Börse Xetra.
Global X hopes that the new UCITS ETFs will reflect the firm’s commitment to the European market and its latest move to offer investors around the world intelligent investment solutions.
Global X, which announced its formal entrance to European markets in December 2020, is adding to its existing thematic offering of five UCITS ETFs with the following seven additional thematic products: Global X Robotics & Artificial Intelligence UCITS ETF (BOTZ), Global X Cybersecurity UCITS ETF (BUG), Global X CleanTech UCITS ETF (CTEK), Global X Autonomous & Electric Vehicles UCITS ETF (DRVE), Global X E-commerce UCITS ETF (EBIZ), Global X FinTech UCITS ETF (FINX), and Global X Internet of Things UCITS ETF (SNSR).
Luis Berruga, Global X CEO, comments: “Over the past several years, Global X has developed the infrastructure to be a leading ETF issuer, not just in the US, but in key markets in Europe and around the world. This latest launch is representative of the firm’s rapid European growth and we’re thrilled to be able to offer investors targeted exposure to companies around the world driving long-term, paradigm-shifting themes in the form of 12 total UCITS ETFs.
“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. “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.”