CHIK


MSCI China Information Technology ETF

Fund Summary

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).

Fund Objective

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.

Why CHIK?

Targeted Exposure

CHIK is a targeted play on the Information Technology Sector in China – the world’s second largest economy by GDP.

ETF Efficiency

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.

All Share Exposure

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.

Fund Details As of 10/26/20

Key Facts

Ticker CHIK
Inception Date 12/07/18
CUSIP 37954Y533
ISIN US37954Y5336
Bloomberg Index Ticker NU722094
Primary Exchange NYSE Arca
Number of Holdings 102

Stats & Fees

Net Assets $20,702,125
NAV $27.60
Shares Outstanding 750,002
Total Expense Ratio 0.66%

Distributions

30-Day SEC Yield 0.14%
Distribution Frequency Semi-Annually

Fund Prices As of 10/26/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $27.60 Market Price $27.45 0.36%
Daily Change $0.10 0.37% Daily Change -$0.19 -0.67%  

Performance History

Cumulative %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
Year-to-Date 32.96% 32.00% 33.57%
1 Month -4.60% -3.35% -4.53%
3 Months 10.12% 11.19% 10.29%
6 Months 46.43% 46.46% 46.95%
Since Inception 80.24% 82.04% 82.27%

Avg Annualized %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
1 Year 57.78% 60.58% 58.87%
Since Inception 38.36% 39.12% 39.17%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year 57.78% 60.58% 58.87%
Since Inception 38.36% 39.12% 39.17%

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.

Fund Characteristics As of 10/26/20

Return on Equity 5.80%
Weighted Avg. Market Cap 17,681 M
2019 2020
Price-to-earnings 35.71 24.61
Price-to-book value 1.46 1.40

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/26/20

Versus Beta
S&P 500 0.85
MSCI EAFE 1.01
MSCI Emg. Mkts 1.00
Standard Deviation 32.10%

Source: AltaVista Research, LLC

Top 10 Holdings As of 10/26/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.73 1810 HK XIAOMI CORP-CLASS B BG0ZMJ9 2.82 787,700 2,220,805.81
8.29 2382 HK SUNNY OPTICAL TECH B1YBT08 16.52 103,860 1,715,365.16
6.68 981 HK SMIC BDFBM13 2.63 525,300 1,382,725.16
5.25 968 HK XINYI SOLAR HOLDINGS LTD BGQYNN1 1.64 664,000 1,086,389.68
5.19 268 HK KINGDEE INTL SFT 6327587 2.75 390,700 1,073,794.84
4.73 GDS GDS HOLDINGS LTD - ADR BD6FLL7 86.04 11,390 979,995.60
3.76 992 HK LENOVO GROUP LTD 6218089 0.64 1,212,500 779,129.03
3.41 3888 HK KINGSOFT CORP LTD B27WRM3 4.95 142,500 705,145.16
3.30 2018 HK AAC TECHNOLOGIES B85LKS1 5.55 123,000 682,451.61
3.05 285 HK BYD ELECTRONIC B29SHS5 4.84 130,600 631,935.48
Holdings are subject to change.

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. Beginning October 15, 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 October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. 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.

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.