Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating Share Class

Issuer: Global X

Asset Class: Equity

TER: 0.004

Trading Currency: EUR

Pays Income: False

Listing Date: 20 May 2025

Ticker: EDEG_LN

ISIN: IE000WRQ9RR1

The Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating Share Class aims to provide investors with exposure to European companies that are involved in the defense technology sector. This ETF seeks to track the performance of the Solactive Europe Defence & Aerospace Index, which includes companies operating in areas such as aerospace, defense equipment, security services, and electronic warfare.

Investing in this ETF allows investors to gain diversified exposure to a specific segment of the European market that is focused on defense technology. By investing in a basket of companies operating in this sector, investors can potentially benefit from the growth and innovation within the defense technology industry.

The defense technology sector is known for its resilience and steady demand, as governments and organizations continue to prioritize security and defense capabilities. This ETF offers investors the opportunity to capitalize on this trend by investing in companies that are at the forefront of defense technology innovation.

Furthermore, the Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating Share Class provides investors with the benefits of diversification, liquidity, and transparency that come with investing in an ETF. With a low expense ratio and the potential for capital appreciation, this ETF can be a suitable option for investors looking to gain exposure to the European defense technology sector.