GLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS AGLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS AGLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS A

GLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS A

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Key stats


Assets under management (AUM)
‪2.51 M‬CAD
Fund flows (1Y)
‪495.83 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.05%

About GLOBAL X EQUAL WEIGHT CANADIAN GROC UNITS CLASS A


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Nov 7, 2024
Index tracked
Mirae Asset Equal Weight Canadian Groceries & Staples Index - CAD - Benchmark TR Gross
Management style
Passive
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.
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