Stockal to Offer Global X’s Thematic ETF Model Portfolios to Empower Indian Investors

 Stockal to Offer Global X's Thematic ETF Model Portfolios to Empower Indian

  PR Newswire

  MUMBAI, India, Sept. 29, 2020

MUMBAI, India, Sept. 29, 2020 /PRNewswire/ -- Stockal, India's leading
platform for global investments, announced today that they will begin offering
its investors access to a variety of Global X's ETF model portfolios on the
Stockal platform. Global X ETFs, a New York-based exchange traded funds (ETFs)
provider offers a range of model portfolios that include exposure to high
growth disruptive themes, and are tailored to meet certain levels of risk
tolerance. The addition of the Global X's strategies will help Stockal
strengthen its product 'Stacks' which at present consists of various options
like 'Thematic Stacks', 'Expert Stacks', 'Risk-adjusted Stacks' and 'Industry

Commenting on the development, Vinay Bharathwaj, Founder and Executive
Chairman, Stockal, says, "Stockal is creating an entire ecosystem where Indian
investors can trade skillfully and make informed portfolio choices that help
them grow their money and absorb market shocks in the dynamic world of today.
While designing the product - Stacks, we wanted to ensure that we have "A
Stack for everyone" by analyzing investor personalities and building
customized portfolios to encourage more individuals to start investing in the
US stock markets. Our partnership with Global X would undoubtedly enable us to
expand our subscriber base and help us double the number of transactions the
Indian investor makes in the coming months."

Jon Maier, Global X ETFs' Chief Investment Officer, added: "Our aim at Global
X ETFs has always been to support investors' efforts to achieve their
investment goals. We believe providing thoughtfully constructed portfolios
designed for an evolving modern global economy is key to achieving that aim.
Just this year we've seen many years' worth of change in only a few months.
Our shifting circumstances and levels of disruption seen in areas like cloud
computing, cybersecurity, and fintech, validates the importance of thematic
investing - be it a standalone portfolio, or a component of a larger asset
allocation. We are thrilled that these strategies are being made available to
Indian investors for the first time."

After breaking all records by processing around USD 2 million worth
transactions per day in the month of June, Stockal has yet again recorded a
growth of 150% m-o-m in their business and established themselves as the
largest platform for retail cross border investments in India. Despite the
tumultuous market conditions, Stockal has processed over USD 135 mn worth of
transactions in the last six months, manifesting the demand for overseas
investment in stocks from India. The New York headquartered company has
powered entities like Motilal Oswal, HDFC securities, Alankit and Cubewealth
to help their customers invest in expert-built portfolios in the US Market
with a click of a button. In the past few months starting from April, they
have added a fair share of HNIs and millennials in their subscriber base to
enable them to invest in top performing stocks like Microsoft, Tesla and Zoom
with an average return of 15-20% on their investments.

About Stockal

Headquartered in New York, Stockal is backed by investors with pioneering
backgrounds in financial services and technology in United States, UK, India
and Singapore. Stockal's systems processes over 8.5 million data points every
day to aggregate and assimilate relevant investing information for thousands
of securities. Carefully curated and personalized, Stockal products are
designed to help investors and advisors keep life simple and costs low as they
stay on top of their investments. Stockal's overseas investing platform is
available to investors in India and the Middle East regions.

About Global X

Global X ETFs is a New York-based provider of global exchange-traded funds.
Founded in 2008, it has approximately $14 billion in managed assets, across
more than 70 different products. In July 2018, the company became a part  of
 Mirae Asset Global Investments. Global X has a product lineup including more
than 70 ETF strategies. While they are distinguished for their Thematic
Growth, Income and International Access ETFs, we also offer Core, Commodity,
and Alpha funds to suit a wide range of investment objectives.

For further information, please visit:


Contact: Media Contact: Sakshi
Panda,[email protected],+91-9167668192,Adfactors PR

Source Article