Global X Infrastructure Development ex-U.S. ETF
IPAV
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Aug 28, 2024
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Infrastructure Development ex-U.S. ETF (IPAV) is a diversified, thematic exchange-traded fund that seeks to provide exposure to global infrastructure development outside the United States by capturing equities positioned to benefit from increased infrastructure activity in international markets. IPAV focuses on companies involved in engineering and construction services, production of infrastructure materials and composites, heavy construction equipment, infrastructure transportation, and smart grid components across developed and emerging markets outside the U.S. The fund aims to reflect a market-cap weighted allocation across eligible issuers within these sectors, regardless of broad industry classification, to offer targeted exposure to the infrastructure theme internationally. IPAV is managed by Global X Management Company LLC, and its mandate emphasizes beneficiaries of potential infrastructure policy progress and capital investments in global ex-U.S. markets. Founding and headquarters: IPAV was established in 2024 and is managed by Global X, with the issuer headquartered in New York. The fund’s primary geographic focus is non-U.S. markets, including Europe, Asia, Latin America, the Middle East, and other regions where infrastructure development activity is anticipated to rise. The vehicle seeks to provide investors with access to infrastructure-related growth opportunities through a single instrument, enabling exposure to multiple sub-sectors such as construction services, materials producers, equipment manufacturers, transportation infrastructure, and smart grid technologies. IPAV’s product structure, expense framework, and constituent holdings are designed to align with institutional research standards and to support institutional and retail investment workflows alike. Latest major changes and developments: The fund has undergone strategic positioning adjustments to emphasize international infrastructure development themes, including potential updates to its index methodology and constituent selection to reflect evolving infrastructure investment drivers outside the United States. IPAV has seen updates to its legal and regulatory disclosures, periodic prospectus and annual update filings, and potential refinements in geographic and sector weightings to reflect market dynamics and policy developments in key regions. The issuer has also pursued enhancements in transparency around holdings, sector exposure, and risk factors in response to investor demand for greater clarity on international infrastructure exposure and the fund’s responsiveness to global infrastructure cycles. Industry and market context: IPAV sits within the broader infrastructure and industrials segment, focusing on public equity exposure to companies involved in the development, financing, construction, and operation of infrastructure networks and related systems outside the U.S. Target markets include global developed and emerging economies undergoing capital expenditure cycles in transportation, utilities, energy transmission, and digital infrastructure. The fund’s strategy aligns with institutional demand for thematically focused, easy-to-access vehicles that aggregate diversified exposure to infrastructure growth catalysts across multiple geographies. Subsidiaries and relationships: IPAV is part of Global X’s family of thematic ETFs and relies on the Global X index methodology and research platform for security selection and rebalancing, with the fund tracking an international infrastructure development theme. The ETF operates under the broader Global X ETF program, leveraging the issuer’s distribution, research, and compliance framework to deliver exposure to non-U.S. infrastructure opportunities through a single listed vehicle.