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 07/28/21

Key Facts

Ticker CHIR
Inception Date 12/07/18
CUSIP 37954Y525
ISIN US37954Y5252
Bloomberg Index Ticker NU721936
Primary Exchange NYSE Arca
Number of Holdings 49

Stats & Fees

Net Assets $4,064,640
Net Asset Value (NAV) $12.70
Shares Outstanding 320,002
Total Expense Ratio 0.66%

Distributions

30-Day SEC Yield 3.99%
Distribution Frequency Semi-Annually

Fund Prices As of 07/28/21

NAV $12.70 Daily Change $0.12 0.95%
Market Price $12.75 Daily Change $0.36 2.91%
30-Day Median Bid-Ask Spread 1.16%

Performance History

As of recent month & quarter-end (06/30/21)
As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Index
1 Year -1.81% -1.24% -1.20%
Since Inception 5.10% 4.64% 5.75%
1 Year -1.81% -1.24% -1.20%
Since Inception 5.10% 4.64% 5.75%
Year-to-Date -2.59% -1.71% -2.24%
1 Month -6.25% -7.18% -6.11%
3 Months -9.70% -10.81% -9.57%
Since Inception 13.60% 12.34% 15.42%
Year-to-Date -2.59% -1.71% -2.24%
1 Month -6.25% -7.18% -6.11%
3 Months -9.70% -10.81% -9.57%
Since Inception 13.60% 12.34% 15.42%

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 07/28/21

Return on Equity 16.20%
Weighted Avg. Market Cap 14,391 M
2020 2021
Price-to-earnings 4.54 4.09
Price-to-book value 0.70 0.63

Source: AltaVista Research, LLC

Fund Risk Stats As of 07/28/21

Versus Beta
S&P 500 0.65
MSCI EAFE 0.71
MSCI Emg. Mkts 0.77
Standard Deviation 27.50%

Source: AltaVista Research, LLC

Top Holdings As of 07/28/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.86 1109 HK CHINA RESOURCES LAND LTD 6193766 3.52 102,400 360,034.97
8.39 960 HK LONGFOR GROUP HO B56KLY9 5.13 66,500 341,100.17
7.55 688 HK CHINA OVERSEAS 6192150 2.24 137,100 307,024.48
6.97 2007 HK COUNTRY GARDEN B1VKYN6 1.02 276,900 283,350.13
6.26 BEKE KE HOLDINGS INC-ADR BMBX7M2 26.81 9,492 254,480.52
6.19 1918 HK SUNAC CHINA HOLDINGS LTD B4XRPN3 2.71 92,900 251,394.17
5.82 4 HK WHARF HOLDINGS LTD 6435576 3.43 68,900 236,492.78
3.40 2202 HK CHINA VANKE CO LTD-H BN320P8 2.54 54,500 138,302.82
2.90 813 HK SHIMAO GROUP HOLDINGS LTD B16YNS1 2.04 57,700 117,939.79
2.63 884 HK CIFI HOLDINGS GR B8Z00N3 0.62 173,000 106,751.68
2.52 754 HK HOPSON DEV BMXJW56 3.32 30,900 102,486.24
2.34 2777 HK GUANGZHOU R&F -H B19H8Y8 0.94 100,800 95,243.48
2.30 1030 HK SEAZEN GROUP LTD BMWYQP0 0.76 122,300 93,547.21
2.04 3380 HK LOGAN GROUP CO LTD BH6X937 1.09 75,800 82,827.69
2.02 817 HK CHINA JINMAO HOL B23TGR6 0.28 292,200 81,888.72
1.99 123 HK YUEXIU PROPERTY CO LTD BNR5PB4 0.93 87,420 81,027.69
1.99 3383 HK AGILE GROUP HOLDINGS LTD B0PR2F4 1.15 70,500 80,842.80
1.96 1813 HK KWG GROUP HOLDINGS LTD B1YBF00 1.14 69,900 79,525.76
1.75 900932 CH SHANG LUJIAZUI-B 6798666 0.94 75,685 70,916.85
1.73 3333 HK CHINA EVERGRANDE GROUP BD3DS68 0.75 94,400 70,386.18
1.59 873 HK SHIMAO SERVICES BMF7054 2.40 27,000 64,768.34
1.43 604 HK SHENZHEN INVESTMENT LTD 6535261 0.28 205,700 58,176.07
1.31 600048 C1 POLY DEVELOPME-A BP3R336 1.55 34,553 53,384.65
1.21 3883 HK CHINA AOYUAN GROUP LTD BJGS0Q6 0.67 73,300 49,094.08
1.19 3900 HK GREENTOWN CHINA HOLDINGS B17N9P6 1.15 42,000 48,323.65
1.18 1638 HK KAISA GROUP HOLDINGS LTD B58RBK4 0.27 175,742 48,121.88
1.12 1238 HK POWERLONG REAL B4LL9N5 0.69 66,000 45,392.61
1.01 6158 HK ZHENRO PROPERTIES GROUP BDRHD05 0.56 72,900 41,047.72
0.96 000002 C2 CHINA VANKE CO LTD -A BD5CPW8 3.15 12,400 39,098.54
0.93 601155 C1 SEAZEN HOLDINGS CO LTD-A BZ3F6M0 4.86 7,800 37,905.62
0.89 6049 HK POLY SERVICES BHR0FS4 6.01 6,000 36,059.55
0.86 001979 C2 CHINA MERCHANT-A BD5CPM8 1.49 23,400 34,784.83
0.65 600383 C1 GEMDALE CORP-A BP3R3Q9 1.29 20,400 26,369.77
0.61 600606 C1 GREENLAND HOLD-A BZ3F5X4 0.67 36,855 24,727.48
0.47 000656 C2 JINKE PROPERTI-A BD5CKX4 0.66 28,800 19,145.78
0.44 600895 C1 SHANG ZHANGJIA-A BP3R927 2.64 6,800 17,967.02
0.43 600177 C1 YOUNGOR GROUP CO-A BP3R6R1 0.98 17,900 17,629.09
0.43 000402 C2 FINANCIAL ST-A BD5CMG1 0.86 20,400 17,579.85
0.41 2669 HK CHINA OVERSEAS P BYYMZN7 0.94 17,600 16,516.69
0.40 002146 C2 RISESUN REAL -A BD5CMZ0 0.72 22,500 16,134.87
0.39 600415 C1 COMMODITIES CI-A BP3R789 0.70 23,000 16,033.30
0.38 600848 C1 SHANGHAI LINGA-A BK947Q7 2.31 6,600 15,224.48
0.31 600340 C1 CHINA FORTUNE-A BP3R3V4 0.65 19,320 12,635.52
0.31 000671 C2 YANGO GROUP CO LTD-A BD5CKQ7 0.66 19,000 12,630.90
0.30 000540 C2 ZHONGTIAN FINA-A BD5CNH9 0.35 34,600 12,192.94
0.29 000961 C2 JIANGSU ZHONG-A BD5CGZ8 0.70 16,600 11,648.50
0.27 001914 C2 CHINA MERC - A BD5LS04 2.14 5,100 10,901.07
0.23 CASH 0.45 20,698 9,293.69
0.20 1516 HK SUNAC SERVICES HOLDINGS BLN9QR9 2.74 3,000 8,233.92
0.20 1209 HK CHINA RESOURCES BMXWXT6 5.75 1,400 8,053.94
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.