Global X Australia Launches International SMID ETF for Broader Diversification

Global X has launched the Global X MSCI International Small and Mid Cap ETF (ISMD), an ASX-listed fund providing exposure to around 300 developed-market small and mid-cap companies outside Australia. Tracking the MSCI World ex Australia SMID Cap Select Index, the ETF is designed to complement investors' existing large-cap global holdings and reduce concentration risk. With a 0.45% management fee, ISMD offers a low-cost, rules-based approach to accessing companies with long-term growth potential across a broader segment of global equity markets.