GLOBAL X MARIJUANA LIFE SCIENCES INGLOBAL X MARIJUANA LIFE SCIENCES INGLOBAL X MARIJUANA LIFE SCIENCES IN

GLOBAL X MARIJUANA LIFE SCIENCES IN

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Key stats


Assets under management (AUM)
‪34.05 M‬USD
Fund flows (1Y)
‪−9.60 M‬USD
Dividend yield (indicated)
4.48%
Discount/Premium to NAV
−2.2%
Shares outstanding
‪4.84 M‬
Expense ratio
1.01%

About GLOBAL X MARIJUANA LIFE SCIENCES IN


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Apr 4, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
North American Medical Marijuana Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund invests in equity securities as well as ADRs of companies substantially in the same proportion as its underlying index. These securities are listed on stock exchanges in North America, and are classified as life sciences companies (including those involved in biopharmaceuticals, medical manufacturing, distribution, and bio products) as well as other companies with significant business activities in the marijuana industry. Rebalanced quarterly, the portfolio is market-cap-weighted with 10% maximum capping for each constituent.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Cannabis
Strategy
Vanilla
Geography
North America
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Process Industries
Health Technology
Finance
Stock breakdown by region
80%19%
Top 10 holdings

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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.

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

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.
HMLSF trades at 5.00 USD today, its price has fallen −2.38% in the past 24 hours. Track more dynamics on HMLSF price chart.
HMLSF net asset value is 5.11 today — it's risen 10.08% 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.
HMLSF assets under management is ‪34.05 M‬ USD. 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.
HMLSF price has risen by 5.26% over the last month, and its yearly performance shows a −33.78% decrease. See more dynamics on HMLSF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.85% decrease in three-month performance and has decreased by −32.07% in a year.
HMLSF fund flows account for ‪−9.60 M‬ USD (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.
HMLSF invests in stocks. See more details in our Analysis section.
HMLSF expense ratio is 1.01%. 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, HMLSF 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, HMLSF technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HMLSF shows the sell signal. See more of HMLSF technicals for a more comprehensive analysis.
Yes, HMLSF pays dividends to its holders with the dividend yield of 4.48%.
HMLSF trades at a premium (2.21%).
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.
HMLSF shares are issued by Mirae Asset Global Investments Co., Ltd.
HMLSF follows the North American Medical Marijuana Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 4, 2017.
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.