KROP Profile
The Global X AgTech & Food Innovation ETF aims to capitalize on the transformative changes occurring in the agriculture and food sectors by investing in companies at the forefront of agricultural technology and food innovation. The fund is committed to investing at least 80% of its total assets, including any borrowings for investment purposes, in securities that comprise its underlying index. This index is designed to capture the performance of companies that are expected to benefit from advancements in agricultural technology and innovative food solutions, offering investors exposure to these rapidly evolving industries.
The underlying index of the ETF includes a diverse range of companies involved in various aspects of agtech and food innovation. This encompasses firms engaged in developing advanced agricultural technologies, such as precision farming tools, biotechnology, and sustainable farming practices, as well as companies innovating in food production, processing, and distribution. By focusing on these sectors, the fund aims to leverage the growth potential associated with innovations that are reshaping how food is produced and consumed globally.
In addition to direct investments in the securities of companies within the underlying index, the ETF may also invest in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent these securities. This provides further access to international companies that are integral to the agtech and food innovation sectors, broadening the fund's scope and enhancing its ability to capture global trends in these industries. The use of ADRs and GDRs facilitates investment in foreign companies, aligning with the fund's objective of providing comprehensive exposure to the agtech and food innovation space.
Managed by Global X, a firm known for its thematic ETFs, the Global X AgTech & Food Innovation ETF benefits from the firm's expertise in identifying and capitalizing on emerging investment trends. Global X's approach emphasizes innovative and forward-looking strategies, ensuring that the ETF is well-positioned to benefit from advancements in agricultural and food technologies. This fund is particularly suited for investors seeking to invest in the future of food and agriculture, capturing growth opportunities in sectors that are critical to addressing global food security and sustainability challenges.
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