| NAV | $18.58 | Daily Change | $0.00 | 0.00% |
| Market Price | $18.49 | Daily Change | -$0.01 | -0.05% |
| Inception Date | 11/06/13 |
| Total Expense Ratio | 0.56% |
| Net Assets | $16.72 million |
| NAV | $18.58 |
The Global X MSCI Next Emerging & Frontier ETF (EMFM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Select Emerging and Frontier Markets Access Index.
| Ticker | EMFM |
| Bloomberg Index Ticker | NU722163 |
| CUSIP | 37950E218 |
| ISIN | US37950E2182 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 900,000 |
| Number of Holdings | 2 |
| 30-Day Median Bid-Ask Spread | 0.43% |
| 30-Day SEC Yield | 1.55% |
| Distribution Frequency | Semi-Annually |
| NAV | $18.58 | Daily Change | $0.00 | 0.00% |
| Market Price | $18.49 | Daily Change | -$0.01 | -0.05% |
|
As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 2.76% | 1.83% | 5.92% |
| 3 Years | 1.10% | 0.70% | 2.56% |
| 5 Years | 0.69% | 0.55% | 1.93% |
| 10 Years | -0.65% | -0.72% | 0.29% |
| Since Inception | -0.48% | -0.51% | 0.45% |
| 1 Year | 2.76% | 1.83% | 5.92% |
| 3 Years | 1.10% | 0.70% | 2.56% |
| 5 Years | 0.69% | 0.55% | 1.93% |
| 10 Years | -0.65% | -0.72% | 0.29% |
| Since Inception | -0.48% | -0.51% | 0.45% |
| Year-to-Date | -2.06% | -2.33% | 0.44% |
| 1 Month | 0.43% | 0.11% | 0.21% |
| 3 Months | -2.06% | -2.33% | 0.44% |
| Since Inception | -4.91% | -5.20% | 4.81% |
| Year-to-Date | -2.06% | -2.33% | 0.44% |
| 1 Month | 0.43% | 0.11% | 0.21% |
| 3 Months | -2.06% | -2.33% | 0.44% |
| Since Inception | -4.91% | -5.20% | 4.81% |
The Fund name, investment objective, and investment strategies changed effective January 16, 2019. Index performance reflects the performance of the Solactive Next Emerging & Frontier Index through January 15, 2019, and the MSCI Select Emerging and Frontier Markets Access Index thereafter.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 95.31 | B 05/16/24 | BLB3TL8 | 1.00 | 16,000,000 | 15,936,760.00 | |
| 4.40 | CASH | 1.00 | 735,095 | 735,095.15 | ||
| 0.37 | BEXIMC BD | BEXIMCO EXPORT | 6097987 | 1.05 | 58,288 | 61,394.92 |
| 0.00 | BANGLADESH TAKA | 0.01 | 58,288 | 531.10 | ||
| -0.07 | OTHER PAYABLE & RECEIVABLES | 1.00 | -12,333 | -12,332.87 |
*Shareholders may sell their holdings in the Fund prior to the end of the trading day on May 17th, 2024, and customary brokerage charges may apply to these transactions. The Fund is expected to cease trading at the end of the trading day on May 17th, 2024. The Fund is expected to liquidate on or around May 24th, 2024. The liquidation process will result in the Fund not tracking its underlying index and increasing its cash holdings, which may not be consistent with the Fund’s current investment objective and strategy.
Investing involves risk, including the possible loss of principal. Investments in smaller companies typically exhibit higher volatility. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Frontier markets generally have less developed capital markets than traditional emerging market countries, and, consequently, the risks of investing in foreign securities are magnified in such countries. These countries are subject to potentially significant political, social and economic instability, which could materially and adversely affect the companies in which the Fund may invest.
EMFM invests in securities and markets that are susceptible to fluctuations in certain commodity markets. Commodities represent a significant portion of the Latin American and Middle Eastern economies. Any negative changes in commodity markets could have a great impact on these economies. Unlike most exchange-traded funds, EMFM intends to effect all creations and redemptions partially for cash, rather than in-kind securities. As a result, an investment in EMFM may be less tax-efficient than an investment in a more conventional ETF.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning July 14, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to July 14, 2020, market price returns were based on the midpoint between the Bid and Ask price. Market price returns. NAVs are calculated using prices as of (4:00 PM Eastern Time). The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.