Alternative Investments/AI: Global X Launches Seven New “Paradigm Shift” ETFs In Europe

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The new ETFs address themes from AI and Fintech to CleanTech and E-Commerce.

ETF provider Global X ETFs announced today its launch of seven new UCITS ETFs in Europe that would trade on the London Stock Exchange and Xetra. The seven new ETFs complement Global X’s existing five thematic UCITS ETFs launched after Global X entered Europe in December 2020. The new ETFs center around disruptive, digital transformation around the world. (Yahoo Finance)

“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.”

The new ETFs are detailed in the table below:

BOTZ: Global X Robotics & Artificial Intelligence UCITS ETF

The Global X Robotics & Artificial Intelligence UCITS ETF (BOTZ), which follows the Indxx Global Robotics & Artificial Intelligence Thematic v2 Index, seeks to invest in companies that potentially stand to benefit from increased adoption of robotics and artificial intelligence (AI). The fund includes companies involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles.

BUG: Global X Cybersecurity UCITS ETF

The Global X Cybersecurity UCITS ETF (BUG), tracks the Indxx Cybersecurity v2 Index which seeks to invest in companies that stand to benefit from the increased adoption of cybersecurity technology. BUG includes companies whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

CTEK: Global X CleanTech UCITS ETF

The Global X CleanTech UCITS ETF (CTEK) tracks the Indxx Global CleanTech v2 Index. CTEK seeks to invest in companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts. The fund includes companies involved in renewable energy production, energy storage, smart grid implementation, residential/commercial energy efficiency, and/or the production and provision of pollution-reducing products and solutions.

DRVE: Global X Autonomous & Electric Vehicles UCITS ETF

The Global X Autonomous & Electric Vehicles UCITS ETF (DRVE) provides exposure to autonomous vehicle technology, electric vehicles (EV), and EV components and materials which are transforming the automobile market. DRVE follows the Solactive Autonomous & Electric Vehicles v2 Index. The fund includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.

EBIZ: Global X E-commerce UCITS ETF

Over the last two decades, e-commerce has emerged from a niche model to a dominant shopping experience. The Global X E-commerce UCITS ETF (EBIZ) provides exposures to companies positioned to benefit from any increased adoption of E-commerce as a distribution model. Tracking the Solactive E-commerce v2 Index, EBIZ invests in companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online.

FINX: Global X FinTech UCITS ETF

The Global X FinTech UCITS ETF (FINX), which follows the Indxx Global FinTech Thematic v2 Index, strives to invest in companies on the leading edge of the emerging financial technology sector. The financial services industry is in a state of transition as it moves towards a more digital structure.

SNSR: Global X Internet of Things UCITS ETF

The Internet of Things (IoT) refers to the tens of billions of connected devices that can transmit and receive data over networks. The Global X Internet of Things UCITS ETF (SNSR) seeks to invest in companies that stand to potentially benefit from the broader adoption of the Internet of Things (IoT), as enabled by technologies such as WiFi, 5G telecommunications infrastructure, and fiber optics. This includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet. SNSR tracks the Indxx Global Internet of Things Thematic v2 Index.

“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,” said Luis Berruga, CEO, Global X ETFs.

Related Story: Global X Launches AQWA – A Clean Water ETF

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