The Global X MSCI China Information Technology ETF (CHIK) seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Information Technology Sector as per the Global Industry Classification System (GICS).
The Global X MSCI China Information Technology ETF (CHIK) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Information Technology 10/50 Index.
CHIK is a targeted play on the Information Technology Sector in China – the world’s second largest economy by GDP.
In a single trade, CHIK delivers access to dozens of information technology companies within the MSCI China Index, providing investors an efficient vehicle to express a sector view on China.
The Index incorporates all eligible securities as per MSCI’s Global Investable Market Index Methodology, including China A, B and H shares, Red chips, P chips and foreign listings, among others.
| Ticker | CHIK |
| Inception Date | 12/7/18 |
| CUSIP | 37954Y533 |
| ISIN | US37954Y5336 |
| Bloomberg Index Ticker | NU722094 |
| Primary Exchange | NYSE Arca |
| Net Assets | $13,599,368 |
| NAV | $22.67 |
| Shares Outstanding | 600,002 |
| Total Expense Ratio | 0.65% |
| 30-Day SEC Yield | 0.26% |
| Distribution Frequency | Semi-Annually |
| NAV | Price | ||||
|---|---|---|---|---|---|
| Net Asset Value | $22.67 | Closing Price | $22.72 | ||
| Daily Change | $0.06 | 0.25% | Daily Change | $0.16 | 0.71% |
Cumulative %Data as of month end (1/31/20) |
Fund NAV | Closing Price | Index |
|---|---|---|---|
| 1 Month | 0.45% | -2.75% | 3.63% |
| 3 Months | 13.41% | 12.77% | 17.24% |
| 6 Months | 20.11% | 19.72% | 24.39% |
| Since Inception | 36.16% | 34.11% | 41.42% |
Avg Annualized %Data as of month end (1/31/20) |
Fund NAV | Closing Price | Index |
|---|---|---|---|
| 1 Year | 31.01% | 27.08% | 35.94% |
| Since Inception | 30.86% | 29.14% | 35.15% |
Avg Annualized %Data as of quarter end (12/31/19) |
Fund NAV | Closing Price | Index |
|---|---|---|---|
| 1 Year | 45.55% | 47.86% | 46.45% |
| Since Inception | 33.08% | 35.25% | 33.88% |
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.
| Return on Equity | 11.60% | |
| Average Market Cap | $7,696.00 M | |
| 2019 | 2020 | |
| Price-to-earnings | 29.87 | 23.17 |
| Price-to-book value | 2.80 | 2.58 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.76 |
| MSCI EAFE | 1.94 |
| MSCI Emg. Mkts | 1.30 |
| Standard Deviation | 28.10% |
Source: AltaVista Research, LLC
| Net Assets % | Name | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|
| 10.97 | XIAOMI CORP-CLASS B | 1.66 | 900,500 | 1,492,480.62 |
| 7.51 | SUNNY OPTICAL TECH | 16.68 | 61,260 | 1,021,624.06 |
| 6.67 | SMIC | 2.02 | 448,700 | 907,648.58 |
| 5.71 | AAC TECHNOLOGIES | 7.31 | 106,200 | 776,214.89 |
| 5.38 | LENOVO GROUP LTD | 0.70 | 1,049,000 | 731,617.18 |
| 4.25 | GDS HOLDINGS LTD - ADR | 60.29 | 9,576 | 577,337.04 |
| 3.66 | KINGDEE INTL SFT | 1.36 | 366,800 | 497,483.93 |
| 3.59 | ZTE CORP-H | 4.03 | 121,200 | 488,153.13 |
| 3.50 | KINGSOFT CORP LTD | 3.58 | 133,000 | 475,779.31 |
| 3.38 | XINYI SOLAR HOLDINGS LTD | 0.87 | 529,400 | 459,829.50 |
| Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables. | ||||
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation 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. Investments in securities in the Technology sector are subject to rapid changes in technology product cycles; rapid product obsolescence; government regulation; and increased competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Technology companies and companies that rely heavily on technology tend to be more volatile than the overall market, and are also heavily dependent on patent and intellectual property rights.
Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. CHIK is non-diversified.
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. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns 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.
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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