Global X Funds Floats Farming ETF

New York-based ETF provider Global X Funds has rolled out a farming exchange-traded fund.

New York-based ETF provider Global X Funds has rolled out a farming exchange-traded fund (ETF). The Global X Farming ETF covers the farming sector, targeting companies involved in agricultural products, livestock operations and manufacturing of farming equipment. The vehicle tracks the performance of the Solactive Global Faming Index from Germany’s Structured Solutions, adds Index Universe. The benchmark includes 50 securities screens for liquidity and weights securities based on free-float market capitalization.

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