Key stats
About GLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS A
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Inception date
Nov 7, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund is passively managed to target Canadian food and staples retail companies. The considers companies classified under Gasoline Stations, Grocery Store, and Discount Store as per FactSet RBICS Level 4 classification, while excluding holding companies and Wholesale Distributors. Companies incorporated in Canada are screened for minimum market-cap and liquidity requirements. However, these requirements may be relaxed until the minimum number of four securities is met. The index is reconstituted and rebalanced quarterly, assigning each security equal weights.
Classification
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.
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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.
MART trades at 23.12 CAD today, its price has risen 0.70% in the past 24 hours. Track more dynamics on MART price chart.
MART net asset value is 22.97 today — it's risen 2.44% 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.
MART assets under management is 18.40 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.
MART price has fallen by −0.13% over the last month, and its yearly performance shows a 14.63% increase. See more dynamics on MART price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.44% over the last month, showed a 14.92% increase in three-month performance and has increased by 12.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.44% over the last month, showed a 14.92% increase in three-month performance and has increased by 12.30% in a year.
MART fund flows account for 14.35 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.
No, MART isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MART doesn't pay dividends to its holders.
MART trades at a premium (0.01%).
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.
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.
MART shares are issued by Mirae Asset Global Investments Co., Ltd.
MART follows the Mirae Asset Equal Weight Canadian Groceries & Staples. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 7, 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.