Global X Launches PureCap[SM] Product Suite to Provide Uncapped Sector ETF Exposure
1. Global X launched PureCapSM suite of ETFs for market cap exposure. 2. New ETFs cover consumer discretionary, communication services, IT, staples, and energy sectors. 3. Funds aim to reflect true sector performance without limiting exposure to top companies. 4. Investor demand is driven by increasing concentration in these sectors impacting fund performance. 5. The ETFs may enhance tax efficiency, liquidity, and systematic rebalancing.