Key stats
About GLOBAL X LITHIUM PRODUCERS INDEX ET UNITS A CAD
Home page
Inception date
Jun 23, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund is designed to provide exposure to global companies revolving around the worlds lightest metal - lithium. The funds underlying index is composed of all-cap stocks, involved with the mining, production, and development of lithium, lithium compounds, and lithium-related components. Eligible companies are determined using a proprietary software tool called ARTIS, and are included after meeting certain minimum trading, liquidity, and size requirements. 25 companies will make up the index which will be weighted based on market-cap, with the largest companies receiving higher index weights. Individual security capping is implemented at 10%. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Process Industries
Stocks103.89%
Non-Energy Minerals54.53%
Process Industries41.60%
Producer Manufacturing2.75%
Industrial Services1.12%
Bonds, Cash & Other−3.89%
Cash−1.46%
Miscellaneous−2.43%
Stock breakdown by region
Oceania30.04%
Europe20.78%
Asia20.50%
Latin America14.80%
North America13.88%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HLIT invests in stocks. The fund's major sectors are Non-Energy Minerals, with 56.65% stocks, and Process Industries, with 43.22% of the basket. The assets are mostly located in the Pacific region.
HLIT top holdings are Arcadium Lithium Plc and Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B, occupying 19.90% and 10.42% of the portfolio correspondingly.
HLIT last dividends amounted to 0.34 CAD. The year before, the issuer paid 0.70 CAD in dividends, which shows a 109.28% decrease.
HLIT assets under management is 20.81 M CAD. It's risen 8.64% over the last month.
HLIT fund flows account for 11.03 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.
Yes, HLIT pays dividends to its holders with the dividend yield of 2.86%. The last dividend (Jan 8, 2025) amounted to 0.34 CAD. The dividends are paid annually.
HLIT shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jun 23, 2021, and its management style is Passive.
HLIT expense ratio is 0.98% meaning you'd have to pay 0.98% of your investment to help manage the fund.
HLIT follows the Solactive Global Lithium Producers Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HLIT invests in stocks.
HLIT price has risen by 6.37% over the last month, and its yearly performance shows a −46.04% decrease. See more dynamics on HLIT price chart.
NAV returns, another gauge of an ETF dynamics, showed a −17.63% decrease in three-month performance and has decreased by −46.03% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −17.63% decrease in three-month performance and has decreased by −46.03% in a year.
HLIT trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.