Get to Know PAVE

Get to Know PAVE

A new era of U.S. industrial productivity is materializing, spurred by deglobalization and historic public and private sector catalysts.

For investors looking to capitalize on this trend, consider the Global X U.S. Infrastructure Development ETF (PAVE). The fund provides exposure to companies poised to benefit from increased domestic infrastructure activity, including those involved in the production of raw materials, heavy equipment, engineering, and construction. Additionally, PAVE offers the following characteristics:

  • Exposure to dozens of U.S. companies involved in infrastructure development, allowing investors to avoid single-stock risk
  • More than $5bn in assets under management[1]

The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please visit globalxetfs.com.


[1] As of 10/19/23


Click the hyperlink in the fund banner above for fund holdings and important performance information.

Investing involves risk, including the possible loss of principal. Narrowly focused investments typically exhibit higher volatility. Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political and other changes affecting such entities. Investment in infrastructure-related companies are subject to various risks including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and excess capacity, competition from other providers of services and other factors. PAVE is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times.

Carefully consider the Fund's investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund's full or summary prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Dr., Oaks, PA 19456), which is not affiliated with Global X Management Company LLC.

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