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The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index. The Fund is passively managed and seeks to replicate the performance of the Index by investing primarily in a portfolio of stocks and, where practicable, depositary receipts based on the stocks included in the Index, in similar proportions to their index weightings. The Index provides exposure to defence technology stocks in Developed and Emerging Markets, excluding China A-Shares and B-Shares, India, Kuwait, Pakistan, Russia and Saudi Arabia, that are positioned to benefit from technology, services, systems and hardware serving the defence and military sector.
View fundThe investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index. The Fund is passively managed and aims to replicate the performance of the Index by investing primarily in a portfolio of equity securities that, as far as possible and practicable, comprise the component securities of the Index in similar proportions to their weightings in the Index, as well as in American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index aims to provide exposure to defence technology companies in developed and emerging markets, excluding China A-Shares and B-Shares, India, Kuwait, Pakistan, Russia and Saudi Arabia, that are positioned to benefit from technology, services, systems and hardware serving the defence and military sector.
View fundKey takeaways
The ETFs track the same security, and so are effectively the same fund. $ARMR trades in dollars and £ARMG trades in pounds; both are listed on the London Stock Exchange.
Fund highlights
Fund name | Global X Defence Tech | Global X Defence Tech |
|---|---|---|
USD | GBP | |
USD | USD | |
| Accumulating | Accumulating | |
Fund size | $537M | £404M |
| - | - | |
Last price | $27.85 | £20.80 |
| 0.50% | 0.50% | |
Fund manager | Global X | Global X |
Benchmark | Mirae Asset Defence Tech Index | Mirae Asset Defence Tech Index |
Risk | ||
Ticker | $ARMR | £ARMG |
Primary listing | LSE | LSE |
Documents |
Market data provided by CBOE Europe and Deutsche Börse.
Performance
CumulativeRolling yearsLump sum investment
Sector exposure
ChartTable
$ARMR
£ARMG
Top holdings
Palantir Technologies
11.96%
RTX Corporation
9.15%
Lockheed
8.66%
General Dynamics
8.40%
BAE Systems
8.18%
Northrop Grumman
7.75%
Rheinmetall
6.91%
L3Harris
5.66%
Saab AB
3.02%
Other
30.31%
Palantir Technologies
11.96%
RTX Corporation
9.15%
Lockheed
8.66%
General Dynamics
8.40%
BAE Systems
8.18%
Northrop Grumman
7.75%
Rheinmetall
6.91%
L3Harris
5.66%
Saab AB
3.02%
Other
30.31%
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