Global X is seeking to launch exchange-traded funds focusing on infrastructure companies globally, Index Universe reports. The funds include the Global X FTSE Toll Roads & Ports ETF, the Global X FTSE Railroads ETF and the Global X Farmland & Timberland ETF. Each of the products will follow replication indexing strategies and also include American depositary receipts and global depositary receipts in their investment plan. The roads and ports ETF as well as railroads ETF both use indexes from FTSE, while the other three funds use Solactive indexes, formed by Germany’s Structured Solutions.
Click here for the story from Index Universe.