Key stats
About GLOBAL X EUROPE 50 INDEX CORPORATE ETF SHS
Home page
Inception date
Dec 6, 2016
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Distributes
Capital Gains
Tax on distributions
No distributions
The fund aims to reflect the returns generated over time through long positions in the EURO STOXX 50 Futures Roll Index that are, in turn, based on the performance of the MSCI EURO STOXX 50 Index. The latter measures the performance of blue-chip stocks from European Union countries which have adopted the Euro as their currency. The index utilizes 19 EURO STOXX sector indices, and ranks its stocks by free-float market capitalization. Its notional portfolio is invested into the first nearby contract of the EURO STOXX 50 Futures, and then rolled into the next nearby contract over a four-day period preceding the expiry date of the futures contracts.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash66.83%
Miscellaneous33.17%
Displays a symbol's price movements over previous years to identify recurring trends.