Global X unveils seven thematic ETFs for European investors

Funds target technology trends

Global X ETFs has launched seven UCITS-compliant ETFs focusing on themes such as cybersecurity and artificial intelligence as it seeks to capitalise on "increased adoption" of developing technologies.

The seven ETFs, listed on the London Stock Exchange and Deutsche Börse Xetra, join the firm's existing five European UCITS ETFs launched in December last year. Global X Robotics & Artificial Intelligence UCITS ETF will be available for a total expense ratio (TER) of 0.5% and tracks the Indxx Global Robotics & Artificial Intelligence Thematic v2 Index. It will target "companies that potentially stand to benefit from increased adoption of robotics and artificial intelligence", according to the New York-based ETF provider. The Global X Cybersecurity UCITS ETF will be available for a T...