New Trends in ETF Market: European Defense Tech and Quantum Computing ETFs
Two noteworthy ETF launches have recently captured attention in the global investment landscape. GlobalX ETF Europe, a subsidiary of Mirae Asset Management, introduced the 'GlobalX European Focused Defense Tech UCITS ETF (EDEF)' targeting European defense technology. This product offers investment opportunities in European defense technology development firms and aims to strengthen Europe's military autonomy. This initiative particularly responds to shifts in U.S. defense policy and Germany's expanding defense budget, highlighting the strategic need for enhanced European defense capabilities.
Meanwhile, VanEck is drawing attention with Europe's first quantum computing ETF. The 'Quantum Computing UCITS ETF (QNTM)' has been listed on the German and UK stock exchanges, following an index that includes various quantum computing firms and companies holding related patents. The total expense ratio for this ETF is set at 0.55%. The launch of QNTM fosters new investment opportunities in pioneering technology firms, garnering interest from investors keen on technological innovation.
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