Global X joins the Swiss stock exchange as a new ETF issuer. Its first two products are the Global X Telemedicine & Digital Health ETF and the Global X Video Games & Esports ETF. Christian Reuss, Head SIX Swiss Exchange, comments: “A warm welcome to Global X ETFs newly offering their thematic ETFs on our exchange. New issuers and products are part of the reasons why investors increasingly turn to the Swiss stock exchange in order to trade ETFs.”
The Global X Telemedicine & Digital Health ETF (EDOC) seeks to invest in companies positioned to benefit in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization. The Global X Video Games & Esports ETF (HERU) seeks to invest in companies that develop or publish video games, including streaming and the distribution of video gaming or esports content, as well as operating within competitive esports leagues, or produce hardware for that.
ETF Growth on the Swiss Stock Exchange
Global X is the second new issuer of Exchange Traded Funds in 2021 (after Tabula), bringing the current total of providers to 27; all product segments combined, already nine issuers joined the Swiss stock exchange in 2021, including six ETP issuers. The two funds by Global X bring the total number of ETFs trading at SIX Swiss Exchange to 1’539, providing investors with a choice of now 234 thematic ETFs.
In the first half of 2021, thematic ETFs have contributed 17.1% or CHF 7.35 bn to the total ETF trading turnover of CHF 42.9 bn – which corresponds to an increase of 44.7% compared to the same period in 2020. For the latest statistics, please subscribe to our quarterly ETF Market Report.
As one of the first stock exchanges in Europe to facilitate the listing and trading of ETFs, the Swiss Stock Exchange celebrated the 20th anniversary of an unparalleled growth story in 2020. Today it is one of the top three European ETF trading venues (by volume).
An Award-Winning ETF Venue
In March 2021, the Swiss Stock Exchange was awarded the special prize for a trading venue presented by XENIX for its major contribution to the success of ETFs in Switzerland. It is an ideal distribution network for companies seeking access to Switzerland's well-funded international investor base and looking to tap into new growth potential. For investors, this results in a unique securities universe. To guarantee maximum levels of transparency which allow investors to make the right decisions, we provide extensive information on our website.
About Global X
Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), was founded in 2008. The firm’s product lineup features more than 80 ETF strategies and over USD 30 bn in assets under management (as of 8 July 2021). Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than USD 550 bn in assets under management worldwide.