Global X Funds has launched two new exchange-traded funds, the Global X Pure Gold Miners ETF and the Global X Oil Equities ETF.

Unlike other ETFs based on indexes that include other minerals, such as the NYSE Arca Gold Mining Index, which also includes silver, the Global X Pure Gold Miners ETF invests in companies that get the vast majority of their revenues from gold mining. It also invests in gold mining companies listed on exchanges throughout the world. The fund tracks the Solactive Global Pure Gold Miners Index.

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