CHIR


MSCI China Real Estate ETF

Fund Summary

The Global X MSCI China Real Estate ETF (CHIR) seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Real Estate Sector as per the Global Industry Classification System (GICS).

Fund Objective

The Global X MSCI China Real Estate ETF (CHIR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Real Estate 10/50 Index.

Why CHIR?

Targeted Exposure

CHIR is a targeted play on the Real Estate Sector in China – the world's second largest economy by GDP.

ETF Efficiency

In a single trade, CHIR delivers access to dozens of real estate 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 04/15/21

Key Facts

Ticker CHIR
Inception Date 12/07/18
CUSIP 37954Y525
ISIN US37954Y5252
Bloomberg Index Ticker NU721936
Primary Exchange NYSE Arca
Number of Holdings 46

Stats & Fees

Net Assets $5,444,358
Net Asset Value (NAV) $17.01
Shares Outstanding 320,002
Total Expense Ratio 0.66%

Distributions

30-Day SEC Yield 3.71%
Distribution Frequency Semi-Annually

Fund Prices As of 04/15/21

NAV $17.01 Daily Change $0.02 0.11%
Market Price $17.14 Daily Change $0.25 1.47%
30-Day Median Bid-Ask Spread 1.34%

Performance History

As of recent month & quarter-end (03/31/21)
As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
1 Year 13.32% 15.37% 14.09%
Since Inception 10.43% 10.48% 11.12%
1 Year 13.32% 15.37% 14.09%
Since Inception 10.43% 10.48% 11.12%
Year-to-Date 7.88% 10.20% 8.11%
1 Month 1.76% 0.87% 1.82%
3 Months 7.88% 10.20% 8.11%
Since Inception 25.81% 25.95% 27.64%
Year-to-Date 7.88% 10.20% 8.11%
1 Month 1.76% 0.87% 1.82%
3 Months 7.88% 10.20% 8.11%
Since Inception 25.81% 25.95% 27.64%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 04/15/21

Return on Equity 16.20%
Weighted Avg. Market Cap 19,253 M
2020 2021
Price-to-earnings 5.91 5.42
Price-to-book value 0.93 0.83

Source: AltaVista Research, LLC

Fund Risk Stats As of 04/15/21

Versus Beta
S&P 500 0.68
MSCI EAFE 0.70
MSCI Emg. Mkts 0.77
Standard Deviation 28.00%

Source: AltaVista Research, LLC

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.97 1109 HK CHINA RESOURCES LAND LTD 6193766 4.84 112,900 546,340.71
9.93 960 HK LONGFOR GROUP HO B56KLY9 6.67 81,600 544,003.50
8.51 1918 HK SUNAC CHINA HOLDINGS LTD B4XRPN3 4.00 116,700 466,352.42
8.31 688 HK CHINA OVERSEAS 6192150 2.59 175,700 455,647.08
8.10 2007 HK COUNTRY GARDEN B1VKYN6 1.25 355,700 444,055.62
4.40 4 HK WHARF HOLDINGS LTD 6435576 2.96 81,500 241,249.94
3.50 2202 HK CHINA VANKE CO LTD-H BN320P8 3.64 52,800 191,970.35
3.20 BEKE KE HOLDINGS INC BMBX7M2 51.53 3,405 175,459.65
3.14 813 HK SHIMAO GROUP HOLDINGS LTD B16YNS1 3.02 56,900 172,092.48
3.08 3333 HK CHINA EVERGRANDE GROUP BD3DS68 1.81 93,400 168,770.20
2.82 884 HK CIFI HOLDINGS GR B8Z00N3 0.91 169,300 154,484.52
2.71 1030 HK SEAZEN GROUP LTD BMWYQP0 1.23 120,800 148,474.57
2.36 2777 HK GUANGZHOU R&F -H B19H8Y8 1.29 100,400 129,215.76
2.20 3380 HK LOGAN GROUP CO LTD BH6X937 1.61 74,800 120,335.39
2.13 1813 HK KWG GROUP HOLDINGS LTD B1YBF00 1.69 68,900 116,696.25
2.05 3383 HK AGILE GROUP HOLDINGS LTD B0PR2F4 1.58 71,100 112,552.85
2.05 817 HK CHINA JINMAO HOL B23TGR6 0.39 288,200 112,387.60
1.91 754 HK HOPSON DEV 6116246 3.44 30,400 104,463.99
1.85 123 HK YUEXIU PROPERTY CO LTD 6392422 0.24 430,100 101,298.34
1.41 604 HK SHENZHEN INVESTMENT LTD 6535261 0.38 203,700 77,076.17
1.40 3883 HK CHINA AOYUAN GROUP LTD BJGS0Q6 1.06 72,300 76,580.80
1.38 600048 C1 POLY DEVELOPME-A BP3R336 2.22 34,053 75,654.19
1.33 1638 HK KAISA GROUP HOLDINGS LTD B58RBK4 0.49 150,000 72,973.44
1.26 900932 CH SHANG LUJIAZUI-B 6798666 0.92 74,885 69,193.74
1.06 2669 HK CHINA OVERSEAS P BYYMZN7 0.93 62,600 58,088.66
1.05 601155 C1 SEAZEN HOLDINGS CO LTD-A BZ3F6M0 7.28 7,900 57,522.60
0.92 3900 HK GREENTOWN CHINA HOLDINGS B17N9P6 1.25 40,500 50,455.92
0.90 6158 HK ZHENRO PROPERTIES GROUP BDRHD05 0.68 71,900 49,229.15
0.77 001979 C2 CHINA MERCHANT-A BD5CPM8 1.87 22,500 42,018.35
0.69 600383 C1 GEMDALE CORP-A BP3R3Q9 1.84 20,400 37,533.64
0.67 6049 HK POLY SERVICES BHR0FS4 6.77 5,400 36,556.22
0.58 000656 C2 JINKE PROPERTI-A BD5CKX4 1.10 28,800 31,660.73
0.55 600606 C1 GREENLAND HOLD-A BZ3F5X4 0.86 35,100 30,029.67
0.49 600208 C1 XINHU ZHONGBAO CO LTD-A BP3R659 0.48 55,700 26,730.60
0.46 000002 C2 CHINA VANKE CO LTD -A BD5CPW8 4.43 5,700 25,230.79
0.41 002146 C2 RISESUN REAL -A BD5CMZ0 1.00 22,500 22,423.59
0.36 000402 C2 FINANCIAL ST-A BD5CMG1 1.02 19,300 19,648.74
0.34 600895 C1 SHANG ZHANGJIA-A BP3R927 2.73 6,800 18,579.15
0.31 600177 C1 YOUNGOR GROUP CO-A BP3R6R1 1.21 14,000 16,893.20
0.25 600340 C1 CHINA FORTUNE-A BP3R3V4 1.02 13,520 13,722.84
0.24 600848 C1 SHANGHAI LINGA-A BK947Q7 3.02 4,300 12,988.05
0.23 000961 C2 JIANGSU ZHONG-A BD5CGZ8 1.10 11,600 12,805.59
0.23 000671 C2 YANGO GROUP CO LTD-A BD5CKQ7 0.97 13,000 12,656.87
0.21 001914 C2 CHINA MERC - A BD5LS04 3.32 3,500 11,612.74
0.19 000540 C2 ZHONGTIAN FINA-A BD5CNH9 0.46 23,300 10,610.15
0.07 CASH -0.01 -318,149 3,792.59
0.05 KAISA GROUP HOLDINGS-RTS 0.11 23,743 2,536.27
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. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. Real estate is highly sensitive to economic conditions and developments, and characterized by intense competition and periodic overbuilding. CHIR 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.