Global X ETFs Australia today launched an exchange-traded fund (ETF) that provides exposure to the largest 300 companies on the Australian Securities Exchange (ASX) at an annual cost of 0.04 per cent.
The management fee for the Global X Australia 300 ETF (ASX: A300) is the lowest for a product of its kind, bettering the yearly cost of its major competitor’s equivalent offering by 0.03 per cent.
“Our new Australia 300 ETF is designed to meet strong investor demand for low-cost exposure to Australian equities. It also broadens investors’ exposure to small-cap companies, which are some of Australia’s fastest growing and foundational to our market,” Global X senior product and investment strategist Marc Jocum explained.
The release of the Global X Australia 300 ETF marks the fifth product launch this year the manager has undertaken and is part of its strategic expansion into core portfolio building blocks.
“The launch reflects Global X’s ambition to be part of every Australian investor’s portfolio and deliver accessible solutions that suit long-term wealth building. While our focus remains on investment innovation, A300 provides a core offering, enabling investors to access a diverse range of Australian companies, as well as to reap dividend income, through a single trade on the ASX,” Jocum said.
“As the ETF industry pushes toward $300 billion in assets, we’re focused on growing with the market – combining best-in-class research, thematic leadership and now, core coverage of the Australian share market.”
Earlier this year the manager introduced the Global X China Tech ETF to the Australian market. This was in addition to the introduction of the Global X Russell 2000 ETF, Global X Gold Bullion (Currency Hedged) ETF and Global X AI Infrastructure ETF on the ASX.
The financial services firm is now responsible for $11 billion in assets under management and has added 18,000 new investors in 2025.
