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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 NYSEArca.

Click here for the story from Index Universe.

Click here for the additional coverage from ETF Daily News.

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