- The Global X Millennials Thematic ETF invests in companies that appeal to the preferences and spending habits of Millennials.
- As defined by Global X, Millennials are those born between 1980 and 2000, or roughly those between the ages of 20 and 40 (Millennials now outnumber Baby-Boomers).
- The result is a fund that is unconstrained by traditional investing metrics and highly levered to the large Millennial demographic - and their increasing wealth.
- I like the fund's thematic approach and its top-10 holdings. Heck, I want to own it, and I am a "baby-boomer".
For further details see:
MILN: Millennials Have Their Own Thematic ETF - But Baby-Boomers Should Own It Too