Global X ETFs lists one new Europe Focused Defence Tech ETF on the LSE

Global X ETFs lists one new Europe Focused Defence Tech ETF on the London Stock Exchange

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Rob Oliver, Head of Global X ETFs Europe

Global X Europe Focused Defence Tech UCITS ETF

The Global X Europe Focused Defence Tech UCITS ETF (EDEF LN) seeks to invest in companies that are positioned to benefit from technology, services, systems, and hardware that cater to the defence and military sector, with a particular focus on companies generating their revenue in Europe. This includes companies that build and manage cybersecurity systems, develop artificial intelligence, big data and surveillance technologies, and manufacture advanced military systems and hardware such as drones, radar systems, and defence-grade aircraft and vehicles.

ETF Objective

The Global X Europe Focused Defence Tech UCITS ETF (EDEF LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Mirae Asset Europe Defence Tech Index.

Source : ETFWorld.co.uk