Alternative Investments/ESG: Global X Launches ETFs For Blockchain, Agtech, And Hydrogen Exposure
The three ETFs add to the firm’s thematic growth family.
Global X ETFs, of the Mirae Asset Financial Group, has launched the Global X Blockchain ETF (BKCH), the Global X AgTech & Food Innovation ETF (KROP), and the Global X Hydrogen ETF (HYDR). The three new ETFs bring up the number of the firm’s thematic funds to 30. They offer investors a focused exposure to “long-term, paradigm-shifting themes.” (The Asset)
Global X: Three additional emerging themes
“The thematic landscape is constantly evolving, as technological innovation proceeds at a torrid pace, consumer and demographic trends continue to morph in the wake of the pandemic, and a changing relationship with the planet places a greater emphasis on sustainability,” said Jay Jacobs, head of research & strategy at the asset manager. “With these latest launches, we’re continuing to expand our industry-leading thematic offerings to include three additional emerging and powerful themes: the accelerating adoption of blockchain technology and digital assets, advancements in agriculture to sustainably meet rising food demand, and the emergence of hydrogen as a clean fuel.”
Each of the new funds has a total expense ratio of 0.50% each.
|Fund||Tracking Index||Company exposure|
|The Global X Blockchain ETF||Solactive Blockchain Index||Adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset Integration.|
|Global X AgTech & Food Innovation ETF||Solactive AgTech & Food Innovation Index||Sub-themes that are expected to shape the future of agriculture and food systems as the world shifts to more sustainable consumption and production patterns, including precision agriculture, agricultural robotics and automation, agricultural biotechnology, and protein & dairy alternatives.|
|Global X Hydrogen ETF||Solactive Global Hydrogen Index||Companies that are positioned to benefit from further advances in the field of hydrogen technology.|
Related Story: Global X Launches AQWA – A Clean Water ETF
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