Global X Launches European Infrastructure Development UCITS ETF (BRIJ) on LSE

Global X ETFs Europe has launched the European Infrastructure Development UCITS ETF (BRIJ), now trading on the London Stock Exchange. This ETF, with a total expense ratio (TER) of 0.47%, provides investors with exposure to companies involved in developing and modernizing European infrastructure.

This is the firm's second ETF centered on infrastructure. It already offers a U.S.-focused fund, the U.S. Infrastructure Development UCITS ETF (PAVE), which targets the evolving investment opportunities within U.S. infrastructure.

How the BRIJ LN ETF works

The Global X European Infrastructure Development UCITS ETF (BRIJ LN) is a passively managed fund that tracks the Mirae Asset European Infrastructure Development Index. It focuses on companies driving European infrastructure development, including sectors such as traditional infrastructure, networks, clean energy, and digital infrastructure.

The fund currently has 37 holdings. At launch, the top 10 accounted for 60% of the fund's assets:

1. Vinci SA (8.11%)
2. Ferrovial SE (7.79%)
3. Thales SA (7.66%)
4. Aena (7.05%)
5. Cellnex (6.2%)
6. Telefonica (5.9%)
7. Eiffage (5.2%)
8. Skanska (4.0%)
9. EDP Renováveis (3.89%)
10. Buzzi (3.71%)

Why You Should Consider BRIJ ETF

With a projected infrastructure investment gap of $2 trillion by 2040, Europe faces a pressing need for modernization. European governments are actively addressing this issue by committing over €1.38 trillion to initiatives like NextGenerationEU. These substantial investments present a significant opportunity for companies involved in European infrastructure development.

The BRIJ LN ETF stands out with its pure-play approach, specifically targeting companies that are likely to benefit from pan-European initiatives aimed at modernizing and expanding infrastructure across the continent.

About Global X ETFs

Global X ETFs was founded in 2008. For more than 15 years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and over $80 billion in worldwide assets under management.  While we are widely recognized for our Thematic Growth, Income, Commodity and International Access ETFs, we also offer Core, Risk Management, and other solutions to suit a range of investment objectives. Explore our ETFs, and insights, and more at www.globalxetfs.eu.

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $602 billion in assets under management worldwide.  Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $119bn in assets under management.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.