Global X launches its first commodity-focused ETF in Europe with copper miners fund

39 holdings

Elliot Gulliver-Needham
clock • 1 min read

Global X ETFs has launched its first commodity-focused fund in Europe, offering investors exposure to copper miners globally.

Listed on London Stock Exchange and Deutsche Börse Xetra, Global X Copper Miners UCITS ETF tracks the Solactive Global Copper Miners v2 index. The launch comes following Global X's launch of seven new funds in Europe last week, which focused on themes such as cybersecurity and artificial intelligence. Available for a total expense ratio of 0.65%, the fund currently holds 39 stocks globally, with firms in Canada, Australia and the US comprising the top three countries respectively. Global X described copper as "a leading barometer for global economic health," and argued that inflati...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week