The Global X Europe Focused Defence Tech UCITS ETF (EDEF) provides European investors with access to companies leading in the defence and military technology space.
Global X ETFs Europe launches AI and defence technology ETFs
EDEF is designed to generate returns that correspond with the Mirae Asset Europe Defence Tech index, and has a total expense ratio of 0.4% for unhedged share classes.
The latest thematic launch from Global X ETFs is in response to European governments boosting military budgets to strengthen their strategic autonomy amid rising geopolitical tensions and shiftin…