Global X To Launch Auto, Farming ETFs

Global X will unveil two new funds focusing on the auto sector and the farming industry.

Global X will unveil two new funds focusing on the auto sector and the farming industry, Index Universe reports. The Global X Global Auto ETF will track the performance of an S-Network Global Indexes benchmark, which invests in companies directly involved with the auto industry. The Global X Farming ETF will follow a Solactive global farming index, and will consist of companies engaged in agri-product and livestock operations, manufacture, sale or distribution of farming products. The funds will be listed on the NYSE Arca.

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