New ETF from Global X on Xetra: first time access to copper mining companies

A new sector ETF from Global X offers investors exposure to companies that are significantly active in the mining of copper.

24 November 2021. FRANKFURT (Deutsche Börse). Since Wednesday, a new exchange traded fund issued by Global X is tradable on Xetra and Börse Frankfurt.

The Global X Copper Miners UCITS ETF gives investors access for the first time to companies worldwide that profit from copper mining. To be included in the index, companies must generate at least 30 per cent of their current or expected sales from the mining and refining of copper or the exploration and research of copper deposits.

Up to 40 companies are included in the index, with the weighting of a stock limited to 4.75 per cent. Companies from the US, Canada, Australia, and Japan are most strongly represented.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,745 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.

24 November 2021, © Deutsche Börse AG