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Mapping Millennial Spending

Mar 30, 2020

View all Pedro Palandrani's ArticlesPedro PalandraniPedro Palandrani

Millennials, defined as those born roughly between 1980-2000, are about to see the oldest of this age group turn 40, with the youngest closing in on 20 years old. Over the past few years, the Millennial generation has matured from primarily a cohort of cash-strapped students to one that makes up majority of the US workforce and is a powerful consumer group. And like a glacier carving out the side of a mountain, the 90 million-person strong generation is slowly, but surely making an indelible mark on the world’s largest economy.

In the infographic below, we look a Millennial’s daily routine based on the latest facts and figures, showing the unique preferences and habits of this influential generation.

Mapping Millennial Spending

Related ETFs

MILN: The Global X Millennials Thematic ETF seeks to invest in companies that have a high likelihood of benefiting from the rising spending power and unique preferences of the U.S. Millennial generation (birth years ranging from 1980-2000). These companies come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services.

Related Themes

Social Media, E-commerce, Health and Wellness, FinTech, Internet of Things

Category: Articles

Topics: Consumer Economy, Disruptive Technology, Technology

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Investing involves risk, including the possible loss of principal. The investable universe of companies in which MILN may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. MILN is non-diversified.

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 summary or full prospectuses which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting globalxfunds.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), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Indxx.

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.