FYI: Global X ETFs on Tuesday launched the Global X Genomics & Biotechnology ETF (GNOM) that focuses on a fast-growing part of the healthcare sector.
The fund’s underlying index contains companies classified to be in the healthcare universe by data provider FactSet. The index provider, Solactive, then uses a proprietary natural language processing algorithm to identify and rank companies with direct exposure to the genomics industry based on disclosures, regulatory filings, earnings transcripts and the like.
Regards,
Ted
https://www.fa-mag.com/news/global-x-debuts-genomics-etf-44261.html?print
