New Listing

Global X expands thematic ETF range with quadruple launch

Global X now has 17 ETFs in Europe

Jamie Gordon

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Global X has launched four thematic ETFs to take its total run of launches to 15 since the start of November.

The Global X Renewable Energy Producers UCITS ETF (RNRG), Global X Clean Water UCITS ETF (AQWA), Global X Data Center REITs & Digital Infrastructure UCITS ETF (VPN) and Global X Lithium & Battery Tech UCITS ETF (LITU) are listed on the London Stock Exchange with total expense ratios (TERs) of 0.50% barring LITU which charges 0.60%.

RNRG tracks the Indxx Renewable Energy Producers v2 index, which offers exposure to 44 companies that generate at least 50% of their revenues from renewable energy production, including wind, solar, hydroelectric, geothermal, and biofuels.

AQWA tracks the Solactive Global Clean Water Industry v2 index of 40 companies involved in industrial water treatment, storage and distribution infrastructure, purification and efficiency strategies and more.

VPN exposes investors to the performance of the Solactive Data Center REITs & Digital Infrastructure v2 index of 24 equities operating data centre real estate investment trusts (REIT) and other digital infrastructure contributing to communications networks.

Tracking the Solactive Global Lithium v2 index, LITU offers exposure to 40 companies involved in the lithium and battery value chain, from lithium mining to metal refining and then battery manufacturers.

Commenting on the launches, Morgane Delledonne (pictured), director of research for Europe at Global X, said: “The thematic landscape is rapidly evolving as a greater emphasis on sustainability and clean technology permeates our global consciousness and technological innovation continues at a rapid clip.

“With these ETFs, investors have an opportunity to capture several structural changes happening around the globe, including: the shift to renewable energy, recent advancements in water infrastructure and technology, the building of digital infrastructure that will serve as the backbone for continued digital innovation, and increased global demand for lithium and battery technology.”

The launches follow a string of other new arrivals from the firm, including a copper mining ETF at the end of November and a European rollout of 10 of its US-listed products in the same month.

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