New thematic ETF from Global X on Xetra: access to European companies involved in infrastructure projects
New thematic ETF from Global X on Xetra: access to European companies involved in infrastructure projects
A new exchange-traded fund from Global X has been tradable on Xetra and Börse Frankfurt since Thursday.
The Global X European Infrastructure Development UCITS ETF tracks the performance of the Mirae Asset European Infrastructure Development Index. The index includes companies listed in Europe that are involved in the construction and development of major economic, social and digital infrastructure projects in Europe.
This includes companies involved in the planning and construction of infrastructure projects, including data centres, as well as the production and sale of raw materials, composite materials and products for infrastructure. It also includes companies involved in the sale and rental of heavy construction equipment and related products, the operation and maintenance of transport networks and the manufacture and sale of energy infrastructure products.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Global X European Infrastructure Development UCITS ETF EUR Acc | Equity ETF | 0.47 per cent | Accumulating | Mirae Asset European Infrastructure Development Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,215 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.