GLOBAL X MSCI EAFE INDEX ETFGLOBAL X MSCI EAFE INDEX ETFGLOBAL X MSCI EAFE INDEX ETF

GLOBAL X MSCI EAFE INDEX ETF

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Key stats


Assets under management (AUM)
‪141.31 M‬CAD
Fund flows (1Y)
‪25.76 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.3%
Shares outstanding
‪4.72 M‬
Expense ratio

About GLOBAL X MSCI EAFE INDEX ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
MSCI EAFE
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
The fund is passively managed, offering exposure to markets beyond Canada and the United States. The index comprises large- and mid-cap companies from developed countries such as Europe, Australasia, and the Far East, while excluding North American stocks. The countries leading the index includes Japan, UK, France, Switzerland, and Germany. Notably, the index tends to concentrate heavily on Japan and the UK, with a combined exposure of over 40%, making EAFX inherently leveraged against these countries. The fund may hold index participation units of ETFs or derivatives, including swap agreements, futures contracts, options on futures contracts, forward contracts, options on securities and indices, money market instruments, and reverse repurchase agreements.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
Developed Markets Ex-North America
Weighting scheme
Market cap
Selection criteria
Market cap
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to EAFX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EAFX trades at 30.09 CAD today, its price has fallen −0.27% in the past 24 hours. Track more dynamics on EAFX price chart.
EAFX net asset value is 30.04 today — it's risen 3.37% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EAFX assets under management is ‪141.31 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EAFX price has risen by 2.78% over the last month, and its yearly performance shows a 8.75% increase. See more dynamics on EAFX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.37% over the last month, showed a 1.50% increase in three-month performance and has increased by 12.21% in a year.
EAFX fund flows account for ‪25.76 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EAFX expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EAFX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EAFX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EAFX shows the strong buy signal. See more of EAFX technicals for a more comprehensive analysis.
No, EAFX doesn't pay dividends to its holders.
EAFX trades at a premium (0.30%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EAFX shares are issued by Mirae Asset Global Investments Co., Ltd.
EAFX follows the MSCI EAFE. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.