The exchange-traded fund (ETF) provides investors with exposure to six US technology and growth companies, with Apple, Nvidia and Microsoft accounting for the largest portfolio weightings.
Global X Management Company has launched the Global X Magnificent Six ETF (SIX), an exchange-traded fund (ETF) that provides exposure to six US technology and growth companies: Alphabet, Amazon, Apple, Meta Platforms, Microsoft and Nvidia. SIX carries a gross expense ratio of 0.20% and is heavily concentrated in Apple and Nvidia The fund seeks capital appreciation through investments in securities and derivative instruments linked to the so-called Magnificent Six. Global X said SIX will nor