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Global X Deepens Core Suite with Global X Adaptive U.S. Risk Management ETF (ONOF)
GLOBAL XJanuary 13, 2021 GMT
NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Adaptive U.S. Risk Management ETF (ONOF). The Fund will join the firm’s Core family of ETFs and track the Adaptive Wealth Strategies U.S. Risk Management Index.
Facing a market that is seemingly climbing ever-higher, many investors may be confronted with whether to participate in equity markets or to hold cash in case of a downturn. ONOF seeks to confront this challenge with the dual goals of managing risk during adverse market conditions, while maintaining broad equity market exposure under normal market conditions. During positive market environments ONOF will hold broad U.S. equity market exposure, rotating enti