Key stats
About GLOBAL X EQUAL WEIGHT CANADIAN UTIL UNITS CLASS A
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Inception date
Aug 9, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund is passively managed to provide exposure to a broadly defined Canadian utilities sector. The index includes TSX-listed companies classified under three categories: Utilities, Pipelines, and Telecommunications. Eligible stocks must meet minimum liquidity and market-cap requirements and should have at least a 3% 12-month forward dividend yield. Stocks are ranked within each category by market capitalization. The highest-ranking securities are selected for inclusion to form a concentrated portfolio of 12 stocks, with half taken from the Utilities category. The resulting portfolio is equally weighted and rebalances on a semi-annual basis.
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
Industrial Services
Stocks99.89%
Industrial Services99.89%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UTIL top holdings are South Bow Corp and Keyera Corp., occupying 20.75% and 20.10% of the portfolio correspondingly.
UTIL last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.09 CAD in dividends, which shows a 12.82% decrease.
UTIL assets under management is 28.89 M CAD. It's risen 6.37% over the last month.
UTIL fund flows account for 17.60 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, UTIL pays dividends to its holders with the dividend yield of 4.18%. The last dividend (May 7, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
UTIL shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Aug 9, 2022, and its management style is Passive.
UTIL expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
UTIL follows the Solactive Canadian Utility Services High Dividend Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UTIL invests in stocks.
UTIL price has risen by 0.84% over the last month, and its yearly performance shows a 10.67% increase. See more dynamics on UTIL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.78% over the last month, showed a 7.83% increase in three-month performance and has increased by 15.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.78% over the last month, showed a 7.83% increase in three-month performance and has increased by 15.66% in a year.
UTIL trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.