Global X ETFs has launched the Global X Infrastructure Development ex-US ETF.

The ETF provides exposure to companies outside of the US involved in the construction, development, and maintenance of infrastructure projects. The fund looks to track, before fees and expenses, the Global X Infrastructure Development ex-U.S. Index. It has a total expense ratio of 0.55%.

Pedro Palandrani, Director of Research at Global X, said, “Global X has always been committed to providing investors with access to innovative, disruptive, long-term thematic trends—and infrastructure development is a key component to the wider integration of megatrends such as AI, increased energy demand, and shifting demographics, which are reshaping the world.  We are thrilled to introduce IPAV, which seeks to cast a wide net for capturing critical infrastructure development companies across both developed and emerging markets outside of the U.S.”

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