GLOBAL X EMERGING MKTS EQUITY INDEX UNIT CADGLOBAL X EMERGING MKTS EQUITY INDEX UNIT CADGLOBAL X EMERGING MKTS EQUITY INDEX UNIT CAD

GLOBAL X EMERGING MKTS EQUITY INDEX UNIT CAD

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪93.39 M‬CAD
Fund flows (1Y)
‪−15.38 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%
Shares outstanding
‪2.34 M‬
Expense ratio
0.58%

About GLOBAL X EMERGING MKTS EQUITY INDEX UNIT CAD


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Aug 4, 2020
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
Horizons EAFE Futures Roll Index - CAD
Management style
Passive
Primary advisor
Global X Investments Canada, Inc.
The fund invests in equity securities of companies from emerging markets substantially in the same proportion as its underlying index via long exposure to MSCI Emerging Market Index futures. The fund may also invest in and hold index participation units of ETFs or other derivatives, including but not limited to swap agreements, futures contracts, options on futures contracts, etc. to further meet its investment objective. While the fund is also anticipated to enter into swaps, it may opt to obtain direct exposure to its indexs constituents at any time.

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

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
Emerging Markets
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash85.88%
Miscellaneous14.12%
Top 10 holdings
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.

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.
HXEM trades at 39.76 CAD today, its price has risen 1.45% in the past 24 hours. Track more dynamics on HXEM price chart.
HXEM net asset value is 39.85 today — it's fallen 0.68% 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.
HXEM assets under management is ‪93.39 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.
HXEM price has fallen by −1.09% over the last month, and its yearly performance shows a 9.02% increase. See more dynamics on HXEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.68% over the last month, have fallen by −0.68% over the last month, showed a 0.60% increase in three-month performance and has increased by 9.56% in a year.
HXEM fund flows account for ‪−15.38 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.
HXEM invests in cash. See more details in our Analysis section.
HXEM expense ratio is 0.58%. 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, HXEM 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, HXEM 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 HXEM shows the strong buy signal. See more of HXEM technicals for a more comprehensive analysis.
No, HXEM doesn't pay dividends to its holders.
HXEM trades at a premium (0.22%).
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.
HXEM shares are issued by Mirae Asset Global Investments Co., Ltd.
HXEM follows the Horizons EAFE Futures Roll Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 4, 2020.
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.