Global X ETFs Launches First Two UCITS ETFs in Europe
Asset Manager Brings Thematic Investing Expertise to European Market
LONDON, Dec. 18, 2020 (GLOBE NEWSWIRE) Global X ETFs, a global leader in thematic investing, today celebrates the launch of its first two European-listed UCITS ETFs. The firm, which announced its formal entrance to European markets on December 1, is launching the Global X Video Games & Esports UCITS ETF (HERU) and the Global X Telemedicine & Digital Health UCITS ETF (EDOC) on the London Stock Exchange.
Tracking the Solactive Video Games & Esports v2 Index, HERU 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 $159B in revenue in 2020, making it larger than the movie industry and professional sport