Asset Manager Brings Thematic Investing Expertise to European Market
LONDON, Dec. 18, 2020its 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 sports.i The Fund also includes those companies involved in the streaming and distribution of video gaming & esports content, and hardware used in video games & esports.ii
EDOC, which follows the Solactive Telemedicine & Digital Health Index, offers investors access to companies driving advancements in the telemedicine & digital health theme. The COVID-19 pandemic has highlighted the importance of utilising digital technologies in health care, with some health care providers reporting that remote telehealth appointments have increased as much as 175x in 2020.iii EDOC invests in those companies involved in telemedicine, health care analytics, connected health care devices, and administrative digitalisation.
Rob Oliver, Head of Business Development in Europe commented: "We believe investors are increasingly seeking exposures beyond broad-market indices to achieve their unique financial goals. Global X has spent the last decade developing a comprehensive suite of thematic strategies targeting among the highest potential growth areas of the market. We are thrilled to broaden access in Europe to Global X's research-driven approach to thematic investing for the first time."
"Across the global economy, digitalisation is accelerating as businesses, consumers, and governments are increasingly embracing these disruptive technologies to enhance production, quality of life and offer societal benefits," added Morgane Delledonne, Global X's Director of Research in Europe. "In health care; telemedicine & digital health are revolutionising the access to and quality of patient care, while simultaneously reducing costs. On the consumer side, video games & esports are providing immersive, mobile, and social entertainment to billions of gamers around the world, dramatically changing the way we spend our leisure time. We expect these powerful themes to continue to experience long-term growth as they further disrupt traditional economic sectors."
Investors around the globe have already demonstrated a strong appetite for the video games & esports and telemedicine & digital health themes. Global X's U.S.-listed funds targeting these disruptive areas have each gathered over $400 million in net inflows in 2020, amassing over $1 billion in combined assets under management.iv
The Funds reside within Global X's suite of Thematic Growth ETFs which aims to transcend traditional sector classifications to access disruptive and emerging trends.
Prospectuses and Key Investor Information Documents (KIIDs) for these ETFs are available in English at globalxetfs.eu/uk/funds/heru and globalxetfs.eu/uk/funds/edoc, respectively.
This information is not intended to be individual or personalised investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
Investing involves risk, including the possible loss of principal.
Information provided by Global X Management Company LLC (Global X ETFs or Global X).
This material has been approved as a financial promotion, for the purposes of section 21 of the Financial Services Market Act 2000 (FSMA), by Resolution Compliance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:574048).
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features more than 70 ETF strategies. While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. The firm's remarkable 50% growth in assets under management in the last twelve months has increased total assets to over $19 billion.v Explore our ETFs, research and insights, and more at www.globalxetfs.eu/ukor www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with over $400 billion in assets under management worldwide. Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $50bn in assets under management.vi
Media Contact:
Matthew Jervois / Sayoko Oyama
Kreab UK
mjervois@kreab.com/ soyama@kreab.com
07717 857736
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i Reuters, "Report: Gaming Revenue to Top $159B in 2020," May 11, 2020.
ii Newzoo, "2018-2022 Global Games Market," 2019.
iii McKinsey & Company, "Telehealth: A quarter-trillion dollar post-Covid-19 reality?" May 2020.
iv Global X ETFs, as of December 10, 2020.
v Global X ETFs, as of December 10, 2020
vi Mirae Asset, as of December 10, 2020.
