PAVE Profile
The Global X U.S. Infrastructure Development ETF is an exchange-traded fund (ETF) that aims to offer investors targeted exposure to companies engaged in infrastructure development within the United States. The fund’s strategy involves investing a minimum of 80% of its total assets in securities that are part of the underlying index, which is designed to track firms involved in various aspects of infrastructure projects.
The underlying index focuses on U.S.-listed companies that play critical roles in infrastructure development. This includes firms engaged in construction and engineering, which are pivotal in building and maintaining infrastructure projects such as roads, bridges, and public buildings. Additionally, the index encompasses companies involved in the production of raw materials and products used in infrastructure, such as steel, cement, and other construction materials.
The fund also includes companies involved in industrial transportation, which are essential for the movement of goods and materials necessary for infrastructure projects. This segment covers firms specializing in railroads, trucking, and logistics that support the infrastructure supply chain. Furthermore, the ETF targets producers and distributors of heavy construction equipment, including machinery used in excavation, grading, and other construction activities.
By investing in a broad range of companies across these sectors, the Global X U.S. Infrastructure Development ETF seeks to capitalize on the ongoing and future investments in U.S. infrastructure. The fund provides investors with diversified exposure to industries that are integral to infrastructure growth and development, reflecting the broader economic trends and government spending in infrastructure. This strategic focus aims to offer growth opportunities linked to the essential and expanding infrastructure needs of the United States.
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