Global X Telemedicine and Digital Health

ETF description

This ETF focuses on companies that are involved in the digital economy, particularly those that contribute to or benefit from advancements in technology and online services. The fund seeks to capture the growth of businesses that are transforming the way we live and work through digital innovations. This includes companies in sectors like e‑commerce, software development, social media, and digital payments.

Investors who are interested in the evolving landscape of the digital world may find this ETF appealing, especially those who want to gain exposure to companies that are shaping the future of consumer behavior and business operations. As more activities shift online, the potential for growth in this sector is significant, which could attract those looking for investment opportunities that align with current trends.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The Solactive Telemedicine & Digital Health index seeks to invest in companies positioned to benefit from further advances in the field of digital health and telemedicine, including those that connect physicians and patients digitally, that collect, produce, utilize, and/or store data for healthcare related statistical and/or computational analyses including artificial intelligence analyses, and that develop healthcare devices which automatically transmit data and results to patients and/or physicians to assist in real‑time, dynamic treatment and preventative care.