Global X AgTech & Food Innovation ETF (GGX8)

Overview

The specified fund is a financial vehicle that dedicates at least 80% of its assets, along with any borrowings intended for investment purposes, towards securities present in a specific underlying index. This index is crafted to track companies that stand to gain from advancements in agricultural technology and food innovation sectors. It is important to note that the fund is non-diversified, indicating a concentrated investment strategy in the targeted sector. Additionally, it ventures into ADRs (American Depository Receipts) and GDRs (Global Depository Receipts) based on the securities within the underlying index, broadening its investment reach beyond direct securities.

Products and Services

The fund's investment strategy and portfolio offerings are geared towards advancing agricultural technology and food innovation, providing investors with unique exposure to this sector. The products and services can, therefore, be summarized as follows:

• Securities Investment: The primary service offered by the fund involves investing in securities that form part of the underlying index. This index is specifically designed to track companies anticipated to benefit from the evolution of agricultural technology and the innovation of food production and distribution methodologies.
• ADRs and GDRs Investment: Expanding its investment horizon, the fund also allocates resources to ADRs and GDRs that are based on the securities in the underlying index. This allows investors a broader access to the agricultural technology and food innovation sectors across global markets, enhancing diversification in terms of geographic exposure, albeit within a non-diversified fund structure.