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About GLOBAL X EMERGING MKTS EQUITY INDEX UNIT CAD
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Inception date
Aug 4, 2020
Structure
Canadian Mutual Fund Corporation (ON)
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.
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
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash85.88%
Miscellaneous14.12%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HXEM assets under management is 93.39 M CAD. It's risen 2.73% over the last month.
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.
No, HXEM doesn't pay dividends to its holders.
HXEM shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Aug 4, 2020, and its management style is Passive.
HXEM expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
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.
HXEM invests in cash.
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.
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 trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.