KEJI


China Innovation ETFActive

Reasons to Consider KEJI

High Growth Potential

KEJI enables investors to access high growth potential through companies at the leading edge of multiple disruptive themes re-shaping China’s economy.

Experienced Portfolio Managers

KEJI’s portfolio managers have extensive track records in actively-managed equity strategies targeting both China and disruptive innovations tied to its economy.

ETF Efficiency

In a single trade, KEJI delivers access to dozens of companies across a range of disruptive themes, along with the outperformance potential of active management.

Key Information As of 02/02/23

Inception Date 02/22/21
Total Expense Ratio 0.75%
Net Assets $2.56 million
NAV $14.20
Fact Sheet

ETF Summary

The Global X China Innovation ETF (KEJI) is an actively-managed fund sub-advised by Mirae Asset Global Investments (Hong Kong) Limited that seeks to invest in companies that are economically tied to disruptive innovation in China. Disruptive themes targeted by KEJI may include advancements in technology, changing demographics and consumer preferences, and adaptations to the physical environment.

ETF Objective

The Global X China Innovation ETF (KEJI) seeks to achieve long-term growth of capital.

Trading Details As of 02/02/23

Ticker KEJI
Bloomberg IOPV Ticker KEJIIV
CUSIP 37954Y210
ISIN US37954Y2101
Primary Exchange Nasdaq
Shares Outstanding 180,000
Number of Holdings 43
30-Day Median Bid-Ask Spread 0.64%

Distributions As of 02/02/23

30-Day SEC Yield -0.25%
Distribution Frequency Semi-Annually

ETF Prices As of 02/02/23

NAV $14.20 Daily Change -$0.06 -0.42%
Market Price $13.97 Daily Change -$0.35 -2.44%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Benchmark
1 Year -32.37% -33.05% -23.61%
Since Inception -31.87% -32.39% -24.42%
1 Year -13.51% -15.00% -10.39%
Since Inception -25.97% -26.03% -19.24%
Year-to-Date -32.37% -33.05% -23.61%
1 Month 2.17% -0.82% 4.02%
3 Months 8.61% 8.45% 9.11%
Since Inception -50.93% -51.61% -40.51%
Year-to-Date 13.73% 15.16% 11.06%
1 Month 13.73% 15.16% 11.06%
3 Months 32.57% 32.89% 40.12%
Since Inception -44.19% -44.27% -33.93%

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.

Top Holdings As of 02/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.50 1211 HK BYD CO LTD-H 6536651 33.41 6,500 217,154.30
7.90 CASH 1.00 202,020 202,019.94
6.31 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 13.90 11,600 161,227.18
5.73 700 HK TENCENT HOLDINGS LTD BMMV2K8 48.84 3,000 146,512.21
4.88 300750 C2 CONTEMPORARY A-A BHQPSY7 69.24 1,800 124,626.59
4.59 601012 C1 LONGI GREEN EN-A BRTL411 7.23 16,236 117,333.22
4.25 2269 HK WUXI BIOLOGICS CAYMAN INC BL6B9P1 8.68 12,500 108,545.27
3.69 300450 C2 WUXI LEAD INTE-A BD6QWJ5 7.10 13,280 94,313.95
3.08 3690 HK MEITUAN-CLASS B BGJW376 22.52 3,500 78,815.66
2.95 2359 HK WUXI APPTEC CO LTD-H BGHH0L6 13.17 5,720 75,344.25
2.49 600406 C1 NARI TECHNOLOGY CO LTD-A BP3R444 3.90 16,320 63,588.35
2.49 300760 C2 SHENZHEN MINDR-A BHQK864 48.87 1,300 63,534.79
2.33 300059 C2 EAST MONEY INF-A BD5CPC8 3.37 17,640 59,481.73
2.30 9618 HK JD.COM INC - CL A BKPQZT6 30.14 1,950 58,780.85
2.11 1347 HK HUA HONG SEMI BRB3857 4.15 13,000 53,957.04
2.11 3606 HK FUYAO GLASS IN-H BWGCFG4 4.99 10,800 53,914.96
1.96 1772 HK GANFENG LITHIU-H BZ9NS11 9.08 5,520 50,115.59
1.92 968 HK XINYI SOLAR HOLDINGS LTD BGQYNN1 1.29 38,000 49,133.23
1.88 285 HK BYD ELECTRONIC B29SHS5 3.56 13,500 48,027.70
1.67 002475 C2 LUXSHARE PRECI-A BD5CN80 4.85 8,800 42,653.91
1.64 ZTO ZTO EXPRESS -ADR BYYDFN0 29.44 1,427 42,010.88
1.64 002472 C2 ZHEJIANG SHUAN-A BP91M35 4.66 9,000 41,925.45
1.57 300014 C2 EVE ENERGY CO LTD-A BD5C7G6 13.40 3,000 40,196.38
1.54 PDD PINDUODUO INC-ADR BYVW0F7 99.61 396 39,445.56
1.54 300124 C2 SHENZHEN INOVA-A BD5CMN8 10.66 3,700 39,424.09
1.53 300347 C2 HANGZHOU TIGER-A BD5CCK5 17.74 2,200 39,026.43
1.38 002008 C2 HAN'S LASER -A BD5CKS9 4.25 8,300 35,298.69
1.24 600276 C1 JIANGSU HENGRU-A BP3R369 6.39 4,960 31,681.76
1.18 558 HK L.K. TECHNOLOGY B1FQ7Y2 1.21 25,000 30,188.66
1.15 1801 HK INNOVENT BIOLOGICS INC BGR6KX5 5.88 5,000 29,391.70
1.10 002230 C2 IFLYTEK CO LTD - A BD5CNN5 6.37 4,400 28,026.35
1.10 1024 HK KUAISHOU TECHNOLOGY BLC90T0 9.03 3,100 28,006.27
1.01 002747 C2 ESTUN AUTOMATION CO LTD-A BFCCQJ9 3.91 6,600 25,794.31
1.00 000333 C2 MIDEA GROUP CO LTD-A BD5CPP1 8.02 3,200 25,649.63
0.95 002352 C2 S F HOLDING CO LTD-A BD73M39 8.68 2,800 24,310.94
0.95 600438 C1 TONGWEI CO LTD-A BP3RCK6 6.22 3,900 24,239.04
0.93 603218 C1 RIYUE HEAVY IN-A BMTCX56 3.62 6,570 23,813.01
0.93 601615 C1 MING YANG SMAR-A BK94864 4.09 5,800 23,736.06
0.79 300274 C2 SUNGROW POWER -A BD5CGB4 18.46 1,100 20,302.44
0.75 1833 HK PING AN HEALTHCA BDRYVB3 2.68 7,200 19,279.94
0.68 002833 C2 GUANGZHOU KDT -A BD6QW51 2.25 7,720 17,407.97
0.67 603501 C1 WILL SEMICONDU-A BK947V2 14.13 1,215 17,163.90
0.61 002405 C2 NAVINFO CO LTD-A BD5CKR8 1.81 8,600 15,572.61
0.49 300751 C2 SUZHOU MAXWELL-A BL61W96 63.14 200 12,627.25
0.29 HONG KONG DOLLAR 0.13 58,845 7,503.48
0.20 CHINESE YUAN RENMINBI 0.15 34,087 5,063.40
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 12/31/22

Sector Weight (%)
Consumer Discretionary 28.4
Industrials 22.8
Information Technology 19.2
Health Care 16.0
Communication Services 7.9
Financials 2.5
Materials 2.1
Consumer Staples 1.1

Source: AltaVista Research, LLC

ETF Characteristics As of 02/02/23

Return on Equity 17.00%
Weighted Avg. Market Cap 91,370 M
2022 2023
Price-to-earnings 28.70 22.60
Price-to-book value 4.12 3.61

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.41
MSCI EAFE 0.68
MSCI Emg. Mkts 1.08
Standard Deviation 29.90%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which KEJI may invest may be limited. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging economic themed companies typically face intense competition and potentially rapid product obsolescence. Thematic companies may have limited product lines, markets, financial resources or personnel. They typically engage in significant amounts of spending on research and development, capital expenditures and mergers and acquisitions, and there is no guarantee that the products or services produced will be successful. KEJI is non-diversified.

As an actively managed Fund, KEJI does not seek to replicate a specific index. KEJI may invest in securities denominated in foreign currencies. Because the Fund’s NAV is determined in U.S. dollars, the KEJI’s NAV could decline if currencies of the underlying securities depreciate against the U.S. dollar or if there are delays or limits on repatriation of such currencies. Currency exchange rates can be very volatile and can change quickly and unpredictably.

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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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.

 

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