New York, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), and a member of the Mirae Asset Financial Group, today announced that the firm exceeded USD 40 Billion in assets under management (AUM).i This important milestone reflects the firm’s rapid ascent as a leading global ETF provider, having passed USD 30 Billion in April 2021 and USD 20 Billion in December 2020.
Since launching its first ETF in 2009, the firm has established its expertise in thematic investing and alternative income strategies, while expanding its diverse product line-up to feature more than 80 ETFs across several families, including Thematic Growth, Income, Risk Management, International Access, Commodities, Core, and Alpha. Global X is currently the 11th largest ETF issuer in the United States by AUM.ii The firm’s flagship ETFs include the USD 5.1 Billion Global X Lithium & Battery Tech ETF (LIT), the USD 4.9 Billion Global X Nasdaq 100 Covered Call ETF (QYLD), and the USD 4.6 Billion Global X U.S. Infrastructure Development ETF (PAVE).iii
“Global X has been at the forefront of a very fast-growing industry, establishing one of the most robust and differentiated ETF platforms in the world,” said Luis Berruga, CEO. “The firm’s rapid growth reflects how our wide range of ETFs, supported by in-depth research and professionally managed model portfolio solutions, is trusted by millions of investors around the world. It is an honour to play a critical role in helping so many investors achieve their investment goals.”
Over the past several years, Global X has extended its reach to major capital markets around the world. Most recently, Global X launched its European business operation in December 2020, representing a clear next step in the firm’s growth in the world’s second largest ETF market. Global X expects to add to its existing Thematic Growth offering of two UCITS ETFs in the coming weeks and is thrilled to bring investors targeted exposure to companies around the world driving long-term, paradigm-shifting themes in the form of an impressive line-up of new UCITS products.
CEO Luis Berruga continued: “Amid a rapidly changing and uncertain environment, investors - perhaps more than ever - require new and innovative solutions to achieve their investment objectives. Global X is uniquely positioned to continue to help investors navigate these challenges given our expertise in harnessing both high growth and high income solutions, complemented by the global presence of our parent company – Mirae Asset, and its access to more than 250 investment professionals located in most developed and emerging markets around the world.”
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 line-up features more than 80 ETF strategies and over $40 billion in assets under management.iv While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, Alpha, and Risk Management 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 $620 billion in assets under management worldwide.v 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 $70bn in assets under management.vi
US Media Contact
Frank Taylor / Stephanie Dressler
Dukas Linden Public Relations
(646) 808-3647 / (949) 269-2535
This information is not intended to be individual or personalized 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. 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 Fund's summary or full prospectuses, which are available at globalxetfs.com. 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, Mirae Asset Global Investments or Cetera Financial Group.
Information provided by Global X Management Company LLC (Global X ETFs or Global X).
i Global X, as of 10/18/21.
ii ETF.com ETF League Tables, as of 10/18/21.
iii Global X, as of 10/18/21.
iv Global X, as of 10/18/21.
v Mirae Asset, as of June 2021
vi Mirae Asset, as of 10/18/21.
CONTACT: Frank Taylor Global X (646) 808-3647 Frank@dlpr.com