New thematic ETFs from Global X on Xetra: access to artificial intelligence and defence technology
New thematic ETFs from Global X on Xetra: access to artificial intelligence and defence technology
Two new exchange-traded funds from Global X have been tradable on Xetra and Börse Frankfurt since Thursday.
The Global X Artificial Intelligence UCITS ETF offers investors the opportunity to invest in a portfolio of companies active in the field of artificial intelligence (AI). The fund aims to provide access to listed companies in developed markets that benefit from the advancement and use of AI technology and the provision of hardware for analysing large amounts of data.
The Global X Defence Tech UCITS ETF gives investors access to companies active in defence technology. The ETF invests in companies that develop solutions and technologies for the defence industry, including cybersecurity, artificial intelligence and military systems.
Both ETFs are available in accumulating share classes.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Global X Artificial Intelligence UCITS ETF USD Acc | Equity ETF | 0.40 per cent | Accumulating | Indxx Artificial Intelligence & Big Data Index v2 | |
Global X Defence Tech UCITS ETF - USD Accumulating Share Class | Equity ETF | 0.50 per cent | Accumulating | Mirae Asset Defence Tech Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,219 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.