Global X ETFs Expands its Thematic Growth Lineup with Three Innovative Funds

New York, July 14, 2021 (GLOBE NEWSWIRE) -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launches of three ETFs on Nasdaq: the Global X Blockchain ETF (BKCH), the Global X AgTech & Food Innovation ETF (KROP), and the Global X Hydrogen ETF (HYDR). These three ETFs represent Global X’s latest additions to its expanding Thematic Growth family, which offers investors targeted exposure to companies around the world driving long-term, paradigm-shifting themes.

These launches bring the firm’s total number of Thematic Growth funds to 30 ETFs, representing more than $18 billion in assets under management.ⁱ The new funds harness Global X’s more than a decade of experience researching, designing, and operating ETFs poised to benefit from structural shifts occurring around the globe.

“The thematic landscape is constantly evolving, as technological innovation proceeds at a torrid pace, consumer and demographic trends continue to morph in the wake of the pandemic, and a changing relationship with the planet places a greater emphasis on sustainability.” said Jay Jacobs, Head of Research & Strategy at Global X. “With these latest launches, we’re continuing to expand our industry-leading thematic offerings to include three additional emerging and powerful themes: the accelerating adoption of blockchain technology and digital assets, advancements in agriculture to sustainably meet rising food demand, and the emergence of hydrogen as a clean fuel.”

Global X Blockchain ETF (BKCH)

Blockchain technology is a distributed approach to collecting and maintaining records, allowing for higher degrees of accuracy, transparency, security, and immutability than centralized approaches. What began with bitcoin as the first major application of blockchain technology is now evolving to include potential applications ranging across several segments of the economy, including smart legal contracts, tracking and monitoring supply chains, and accessing and sharing health care records. The Global X Blockchain ETF seeks to invest in companies positioned to benefit from the increased adoption of blockchain technology, including companies in Digital Asset Mining, Blockchain & Digital Asset Transactions, Blockchain Applications, Blockchain & Digital Asset Hardware, and Blockchain & Digital Asset Integration. The fund will track the Solactive Blockchain Index.

Global X AgTech & Food Innovation ETF (KROP)

The combination of population growth, a rising middle class in emerging markets, and more frequent extreme climate events underscores the need for technologies that increase agricultural productivity as well as mitigate food insecurity. Tracking the Solactive AgTech & Food Innovation Index, KROP seeks to provide investors with efficient and targeted exposure to various AgTech & Food Innovation sub-themes that we expect to shape the future of agriculture and food systems as the world shifts to more sustainable consumption and production patterns, including precision agriculture, agricultural robotics / automation, agricultural biotechnology and protein & dairy alternatives – among others.

Global X Hydrogen ETF (HYDR)

Hydrogen has immense potential to transform the way we source and consume energy, and therefore should play a powerful role in the shift to a carbon neutral economy. Hydrogen can be isolated using electricity from renewable energy sources like wind and solar. When recombined with oxygen, it releases water and energy that can power a motor. While still early in its adoption, we expect hydrogen to play an important role in storing and transporting electricity produced from renewable sources, as well as electrifying heavy transport like shipping, trains, and trucking. Tracking the Solactive Global Hydrogen Index, the Global X Hydrogen ETF seeks to invest in companies that are positioned to benefit from further advances in the field of hydrogen technology.

KROP, HYDR and BKCH each have a total expense ratio of 0.50%.

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 80 ETF strategies and over $30 billion in assets under management.ⁱⁱ 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. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $550 billion in assets under management worldwide. Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $60bn in assets under management.ⁱⁱⁱ

Important Disclosures

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments typically exhibit higher volatility. These funds are non-diversified. The investable universe of companies in which the funds may invest may be limited.

Hydrogen companies typically face intense competition, short product lifecycles and potentially rapid product obsolescence. They may be significantly affected by fluctuations in energy prices and in the supply and demand of renewable energy, tax incentives, subsidies and other governmental regulations and policies. Investments in smaller companies typically exhibit higher volatility.

Investments in blockchain companies may be subject to the following risks: the technology is new and many of its uses may be untested; theft, loss or destruction of key(s) to access the blockchain; intense competition and rapid product obsolescence; cybersecurity incidents; lack of liquid markets; slow adoption rates; lack of regulation; third party product defects or vulnerabilities; reliance on the Internet; and line of business risk. Blockchain technology may never develop optimized transactional processes that lead to realized economic returns for any company in which the Fund invests. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the Funds’ investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Funds’ summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.

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ⁱ Source: Global X, as of 7/8/2021

ⁱⁱ Source: Mirae Asset, as of 7/8/21

ⁱⁱⁱ Source: Mirae Asset, as of March 2021

CONTACT: Frank Taylor Global X (646) 808-3647 Frank@dlpr.com