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New GERM ETF Launched to Tap the Growing Biotech Sector - Yahoo New Zealand News

In order to capitalize on the emerging trend for the need of vaccines or treatments against the infectious disease in the biotech sector, ETF Managers Group launched ETFMG Treatments Testing and Advancements ETF GERM last week.GERM in FocusThe new fund seeks to offer exposure to biotech companies engaged in research and development, testing, and development of therapeutics and vaccines. It looks to track the Prime Treatments, Testing and Advancements Index, which includes companies engaged in developing treatments and vaccines, or diagnostic technology, in the fight against infectious diseases.The prime focus of the fund is on the advancements in the infectious disease subsector of biotech with targeted exposure to U.S.-listed companies at the forefront of R&D, vaccines, therapies, ...

Yahoo     Jun 09, 2024