London Stock Exchange welcomes Global X ETFs celebrating the launch of the Global X Telemedicine & Digital Health UCITS ETF and the Global X Video games & Esports UCITS ETF
Global X ETFs, a global leader in thematic investing, today celebrates its arrival in Europe with the launch of its first two London Stock Exchange-listed UCITS ETFs: the Global X Video Games & Esports UCITS ETF (ticker: HERU) and the Global X Telemedicine & Digital Health UCITS ETF (ticker: EDOC).
HERU, tracking the Solactive Video Games & Esports v2 Index, provides investors with targeted exposure to the evolution of digital entertainment via video games & esports, which saw immense adoption amidst global stay-at-home efforts throughout 2020. The fund includes companies involved in the development or publishing of video games, a sector which is expected to exceed $159 billion in revenue in 2020, making it larger than the film industry and professional sports1.
EDOC, the first ETF of its kind in Europe, follows the Solactive Telemedicine & Digital Health Index, offering investors access to companies driving advancements in the telemedicine and digital health theme. The COVID-19 pandemic has highlighted the importance of utilizing digital technologies in health care, with some health care providers reporting that remote telehealth appointments have increased as much as 175x in 20202. EDOC invests in those companies involved in telemedicine, health care analytics, connected health care devices, and administrative digitalization.
Rob Oliver, Head of Business Development in Europe commented: “We believe investors are increasingly seeking exposures beyond broad-market or country-based indices to capture disruptive technologies, evolving demographics and consumer behaviors, or a changing focus on the environment in a single trade. Since 2010, Global X has developed a comprehensive suite of 23 thematic growth strategies that target some of the highest growth areas of the market. We are thrilled to broaden access in Europe to Global X’s research-driven approach to thematic investing for the first time.”
The funds reside within Global X’s current suite of Thematic Growth ETFs which aims to transcend traditional sector classifications to access disruptive and emerging trends. More information can be found at www.globalxetfs.eu/uk. Prospectuses and Key Investor Information Documents (KIIDs) for these ETFs are available in English at globalxetfs.eu/uk/funds/heru and globalxetfs.eu/uk/funds/edoc, respectively.
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features more than 70 ETF strategies. While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. The firm’s remarkable 50% growth in assets under management in the last twelve months has increased total assets to over $19 billion3. Explore our ETFs, research and insights, and more at www.globalxetfs.eu/uk or www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with over $400 billion in assets under management worldwide. Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $50bn in assets under management4.
This information is not intended to be individual or personalized investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
Investing involves risk, including the possible loss of principal.
Information provided by Global X Management Company LLC (Global X ETFs or Global X).
This material has been approved as a financial promotion, for the purposes of section 21 of the Financial Services Market Act 2000 (FSMA), by Resolution Compliance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:574048).
1Reuters, “Report: Gaming Revenue to Top $159B in 2020,” May 11, 2020.
2McKinsey & Company, “Telehealth: A quarter-trillion dollar post-Covid-19 reality?” May 2020.
3Global X ETFs, as of December 8, 2020
4Mirae Asset, as of December 8, 2020.