NEW YORK, May 10, 2016 /PRNewswire/ -- Global X Funds,
the New York-based provider of
exchange-traded funds (ETFs), today launched the Global X Longevity
Thematic ETF (Nasdaq: LNGR), and the Global X Health & Wellness
Thematic ETF (Nasdaq: BFIT). LNGR and BFIT are the tenth and
eleventh ETFs in Global X's suite of thematic funds, bringing the
total under its "People" category to three funds.
As birth rates fall and life expectancy rises, the world faces a
structural demographic shift towards an aging population. From 2010
to 2050, the world's population of people 65 and older is expected
to grow 18 times faster than the population of children aged 15 and
younger. In addition, many seniors have accumulated a lifetime of
wealth, affording them higher degrees of purchasing power compared
to other age demographics.
"As the world's population ages, certain companies are
well-positioned to serve the unique needs of seniors," said
Jay Jacobs, director of research of
Global X. "These companies can include pharmaceuticals focused on
age-related ailments, medical device manufacturers, senior care
facilities, and senior-focused health care service providers."
A major theme across all generations is the increased focus on
health and wellness: the optimization of one's holistic health to
improve quality of life. As this trend continues, the shift in the
global economy towards healthy alternatives presents investment
opportunities.
"Consumers around the world are increasingly prioritizing living
a healthier lifestyle and taking a more proactive approach to
improving their wellbeing" added Mr. Jacobs. "We believe this
lifestyle shift presents an opportunity for companies involved in
the trillion dollar health and wellness industry, such as those
providing healthy and organic food, athletic apparel, gyms and
fitness equipment, and preventative healthcare."
Thematic investing seeks to identify companies that are best
situated to benefit from long-term structural changes, such as
changing demographics and consumer preferences, or disruptive
technologies. By looking to coming shifts, thematic investing aims
to find growth opportunities overlooked in more classic asset
allocation approaches.
"Thematic investing is a growth-oriented investment strategy
that has long been available to institutional investors," added Mr.
Jacobs. "We're excited to continue expanding our suite of thematic
ETFs designed to benefit from some of the major changes impacting
the global economy."
ABOUT GLOBAL X
Seeking to provide access to high-quality and cost-efficient
investment solutions, Global X is a New
York-based sponsor of exchange-traded funds (ETFs).
Founded in 2008, we are distinguished by our smart core, income,
alpha, risk management and access suites of ETFs and have more than
40 funds available across U.S. and foreign exchanges. Global X is
recognized as a leader in developing intelligent investment
solutions for our clients.
DISCLOSURE
Investing involves risk, including possible loss of principal.
The investable universe of companies in which the Funds may invest
may be limited. In addition to normal risks associated with
investing, international investments may involve risk of capital
loss from unfavorable fluctuation in currency values, from
differences in generally accepted accounting principles or from
social, economic or political instability in other nations. The
funds are non-diversified which represents a heightened risk to
investors. LNGR invests in securities of companies engaged in
Healthcare, Pharmaceutical, Biotechnology and Medical Device
sectors. These sectors can be affected by government regulations,
expiring patents, rapid product obsolescence, and intense industry
competition.
Carefully consider the Funds' investment objectives, risk
factors, charges, and expenses before investing. This and
additional information can be found in the Funds' prospectus, which
may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by
visiting www.globalxfunds.com. Read the prospectus carefully before
investing.
Global X Management Company, LLC serves as an advisor to the
Global X Funds. The Funds are distributed by SEI Investments
Distribution Co., which is not affiliated with Global X Management
Company or any of its affiliates.
Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the
Mid-Point between the Bid and Ask price as of the close of
exchange.
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SOURCE Global X Funds