‘ Global X Funds ’

Global X switches underlying index for Portugal ETF

Dec 6th, 2016 | By
Global X switches underlying index for Portugal ETF

New York based Global X Funds has announced that, as of 6 December 2016, the Global X FTSE Portugal 20 ETF (NYSE: PGAL) will track the MSCI All Portugal Plus 25/50 Index. Compared with the fund’s previous index, the FTSE Portugal 20 Index, the new index will track 21 constituents instead of 20. The fund will have broadly similar sector exposures under the new index but will increase the weight of the top two constituents, Galp Energia, to 23.2%; and EDP Energias De Portugal, to 21.5%.

Global X launches international ‘SuperDividend’ ETF

Nov 16th, 2016 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

Global X Funds has launched the Global X MSCI SuperDividend EAFE ETF (Nasdaq: EFAS), offering equal-weight exposure to the performance of 50 firms listed in either Europe, Australia or the Far East with the highest dividend yields. The fund is the seventh ETF in Global X’s ‘SuperDividend’ suite. Jay Jacobs, Director of Research at Global X, commented: “We see tremendous value in the high dividend segment of developed international markets and we’re proud to offer investors EFAS, which provides efficient exposure to these equities.”

Nasdaq hosts 24 new ETP listings in Q3 2016

Oct 20th, 2016 | By
Nasdaq captures 35% of US ETP listings and switches in Q3 2016

Nasdaq Stock Market hosted 24 new exchange-traded product listings and one switch in the third quarter of 2016, representing 35% of new ETP listings and switches across all US exchanges. The listing and switching activity brings Nasdaq’s total ETP listings to 295. Jeff McCarthy, Vice President and Head of ETP Listings at Nasdaq, commented: “Nasdaq’s expanding portfolio of ETP listings reinforces our commitment to helping issuers list new products and grow.” Details of the fund launches during the quarter are listed below.

Global X unveils trio of thematic ETFs targeting FinTech, Robotics & AI, Internet of Things

Sep 19th, 2016 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

Global X Funds has unveiled a trio of thematic ETFs on Nasdaq focused on three important technological mega-trends: FinTech, Robotics & Artificial Intelligence and the Internet of Things. Jay Jacobs, Director of Research at Global X, said: “[These themes] are among the most significant emerging technological trends in the world as they are set to disrupt a broad range of industries and change how we interact with ordinary things like banks, cars, and even refrigerators. Our aim with launching these funds is to provide investors with tools to efficiently gain exposure to the companies that are well-positioned to grow from these technological revolutions.”

JP Morgan targets hedge fund strategies in first active ETF launch

Sep 15th, 2016 | By
JP Morgan introduces unconstrained fixed income ETF

JP Morgan Asset Management has introduced its first alternative and actively managed exchange-traded fund. The JP Morgan Diversified Alternatives ETF (NYSE: JPHF) provides investors with diversified exposure to hedge fund strategies including equity long/short, event driven and global macro strategies. Robert Deutsch, Head of ETFs for JP Morgan Asset Management, commented: “In the past, alternative investments have been an exclusive option only accessible by a small portion of investors; however, JPHF now makes these investment vehicles available to a wider array of investors.”

iShares launches four global thematic ETFs

Sep 13th, 2016 | By
iShares launches four global thematic ETFs

BlackRock has unveiled a suite of thematic iShares exchange-traded funds that are designed to profit from four key global ‘megatrends’: ageing populations, healthcare innovation, robotics & automation and digitalisation. Commenting on the launch Tom Fekete, Head of Product for iShares EMEA at BlackRock, said: “Megatrends are affecting the way we live and work. These ETFs look to capture the opportunities created by long-term structural trends, by identifying the companies most aligned to them. They are a new set of tools that investors can use to express their views on these trends, in a transparent, global and cost-efficient way.”

Global X launches ESG equity ETF

Jul 18th, 2016 | By
BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

New York-based ETF provider Global X Funds has launched the Global X Conscious Companies ETF (NASDAQ: KRMA) which draws on dozens of sources to identify companies that have demonstrated a long term focus on creating positive outcomes for a variety of stakeholders, including employees, customers, communities, suppliers, and stock and debt holders. Alex Ashby, Director of Product Development at Global X, commented in a statement: “Investors are increasingly looking at socially responsible investing not only as a values-driven decision, but also as one that can potentially lead to better long term returns.”

ERI SciBeta indices surpass $10bn in tracking assets

Jun 3rd, 2016 | By
ERI Scientific Beta counters Mercer’s criticism of factor investing

Assets tracking the indices of smart beta index provider ERI Scientific Beta, a commercial venture of EDHEC Risk Institute, has reached the $10bn milestone. Part of these tracking assets can be attributed to a range of exchange-traded funds from providers such as Morgan Stanley, ETF Securities, Amundi and Global X Funds. Noël Amenc, CEO of ERI Scientific Beta, commented in a statement: “ERI Scientific Beta’s approach to smart beta index provision is based on three guiding principles: more academic rigour, more transparency, and less cost. It is extremely gratifying to see that these principles have proven to be attractive to our clients.”

Global X smart beta ETFs outperform benchmarks after one-year

May 23rd, 2016 | By
Desjardins launches international multifactor controlled volatility ETF

All four smart beta exchange-traded funds from New York-based ETF provider Global X Funds have surpassed their market cap-weighted benchmarks one year after their initial launches. The ETFs which provide core multi-factor (value, size, momentum and volatility) equity exposure to the US, Europe, Japan, and Asia ex-Japan through tracking EDHEC-Risk Institute’s Scientific Beta Indices, all outperformed their benchmarks on both return and risk metrics. Jay Jacobs, Director of Research at Global X, commented: “We fully believe that multi-factor funds are the latest evolution in smart beta investing. The rigorous research put into these strategies, combined with the low fees and increased tax efficiency associated with ETFs, represents an attractive alternative to expensive actively managed mutual funds.”

Global X unveils two thematic equity ETFs

May 16th, 2016 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

New York-based exchange-traded funds provider Global X Funds has launched two new thematic ETFs that aim to take advantage of evolving global demographics. The Global X Longevity Thematic ETF (LNGR) invests in companies that are well positioned to serve the world’s growing senior citizen population, and the Global X Health & Wellness Thematic ETF (BFIT) seeks to harness the effects of changing consumer lifestyles by investing in companies geared toward promoting physical activity and well-being. Jay Jacobs, Director of Research at Global X, commented: “Thematic investing is a growth-oriented investment strategy that has long been available to institutional investors. We’re excited to continue expanding our suite of thematic ETFs designed to benefit from some of the major changes impacting the global economy.”