Global X Could be the X-Factor for Your Portfolio
Global X is a fast-growing, multi-faceted alternative exchange-traded fund (ETF) provider. The company’s focus solely on ETFs sets it apart from many of the other providers we’ve profiled in this series, since a number of them began as mutual fund providers or are part of a large banking conglomerate. But with 40 available ETFs and more than $3 billion in assets under management, Global X has an interesting variety of strategies it can offer investors.
As its name suggests, a large proportion — roughly half — of Global X’s ETFs are international, with China and the rest of Asia having the greatest presence in the provider’s portfolio. Roughly a quarter of Global X’s ETFs are based in the commodities sector, and one-fifth are focused on income generation. While “income” is sometimes read as “corporate dividends,” Global X also has three master limited partnership (MLP) ETFs.
Read more about Global X’s diverse ETF offerings at Eagle Daily Investor.